Friday, May 9, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Arctech Lands a 2.3GW Saudi Solar Project, Tops 15GW in MEA Region

by
October 24, 2024
in PR Newswire
0
Arctech Lands a 2.3GW Saudi Solar Project, Tops 15GW in MEA Region
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

XIAMEN, China, Oct. 24, 2024 /PRNewswire/ — Arctech, the world’s leading solar tracking and racking solutions provider, recently inked a significant supply agreement for its 1P single-axis solar tracking system SkyLine II with China Energy Engineering Group Co., Ltd. Under this agreement, Arctech will supply 2.3 GW of SkyLine II solar trackers for the PIF4-Haden project owned by ACWA Power. This latest deal further solidifies Arctech’s position in the MEA region, propelling its portfolio past an impressive milestone of 15 GW.

The project site, characterized by its expansive desert landscapes, frequently experiences high wind events. However, thanks to its pioneering synchronous multi-point drive mechanism, SkyLine II can operate effectively under such challenging conditions.

Related posts

NEC Indonesia Showcases Smart City Solutions at the 21st Indonesia City Expo

NEC Indonesia Showcases Smart City Solutions at the 21st Indonesia City Expo

May 9, 2025
Huawei: Keeping Cities Moving, Amplifying Urban Rail Intelligence

Huawei: Keeping Cities Moving, Amplifying Urban Rail Intelligence

May 9, 2025

This mechanism enables SkyLine II to be safely stowed horizontally and features a wind stow speed threshold of 22m/s. This not only ensures the system’s resilience but also significantly enhances power generation and optimizes the overall return on investment throughout the operational lifespan of the power station. Furthermore, the modular design of SkyLine II allows for flexible scaling within a single system, improving land use efficiency and reducing costs associated with solar plant installation.

This project is a demonstration endeavor in response to the “Saudi Vision 2030” initiative. It is anticipated to commence commercial operations by early 2027. Upon completion, it is estimated to generate approximately 156.189 billion kilowatt-hours over 25 years, equivalent to a reduction of nearly 147 million tons of carbon dioxide emissions.

Since establishing its local operations in 2017, Arctech has expanded to include two offices in Dubai, UAE and Riyadh, Saudi Arabia, along with manufacturing bases in Jeddah, Saudi Arabia. Now, the company offers comprehensive services tailored to Middle Eastern clients, including technical support, supply chain delivery, after-sales service, local operation and maintenance capabilities, and brand marketing strategies. Looking ahead, Arctech is poised to further contribute to Saudi Arabia’s “2030 Vision” through its enhanced localization strategies and comprehensive white-glove services.

 

SOURCE Arctech

​ 

Previous Post

Appier empowers Vietourist to transform lead generation and customer engagement with AI-driven solutions

Next Post

The 2024 Seminar on International Communication of Chinese Medicine and Yi Medicine Big Health Industry Development Promotion Conference Held in Chuxiong, Yunnan Province

Next Post
The 2024 Seminar on International Communication of Chinese Medicine and Yi Medicine Big Health Industry Development Promotion Conference Held in Chuxiong, Yunnan Province

The 2024 Seminar on International Communication of Chinese Medicine and Yi Medicine Big Health Industry Development Promotion Conference Held in Chuxiong, Yunnan Province

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • NEC Indonesia Showcases Smart City Solutions at the 21st Indonesia City Expo
  • Huawei: Keeping Cities Moving, Amplifying Urban Rail Intelligence
  • Huawei: Keeping Cities Moving, Amplifying Urban Rail Intelligence

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved