Abunayyan–Nextpower Joint Venture Advances Utility-Scale Solar Across MENA

The new company will establish an advanced manufacturing facility in Jeddah

January 12, 2026

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Saudi Arabia’s energy and infrastructure developer, Abunayyan Holding and U.S.-based Nextpower (formerly Nextracker), which specializes in solar tracking systems, have completed the process of the formal incorporation of their previously announced joint venture, Nextpower Arabia.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Abunayyan HoldingInfrastructurejoint ventureNextpowerSaudi ArabiaSolar
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