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Array Technologies, a renowned global leader in utility-scale solar tracking solutions, has announced its intention to form a strategic partnership with Aluminum Products Company (ALUPCO®), a prominent aluminum extrusion company in the Middle East and North African region (MENA). This collaboration aims to leverage expertise, reliability, innovation, and local prominence to advance the clean energy future in Saudi Arabia and the broader Middle East.
Kevin G. Hostetler, CEO of Array, emphasizes the company’s commitment to the global clean energy market and highlights the shared dedication of partners worldwide to Array’s key differentiators – engineered simplicity, relentless reliability, and a proven track record built on decades of experience, performance, and trust. Hostetler expresses eagerness to bring this partnership to fruition with ALUPCO®, harnessing the strengths and dedication of both organizations to drive transformation in the energy landscape.
Khaled Abdel-Moneim, CEO of Aluminum Products Company (ALUPCO®), expresses enthusiasm for the partnership with Array, citing ALUPCO’s® position as a leading aluminum solutions provider in the MENA region. Abdel-Moneim underscores Array’s status as a pioneer and innovator uniquely positioned to lead the renewables industry. With a shared commitment to excellence, performance, and sustainability, ALUPCO® looks forward to unlocking new opportunities, fostering innovation, and contributing to Saudi Arabia’s and the global economic landscape.
To formalize their collaboration, both companies participated in the second Private Sector Forum held on February 6 and 7 in Riyadh, hosted by Saudi Arabia’s Public Investment Fund. The forum facilitated discussions between top business leaders and policymakers, highlighting the importance of the private sector in the Kingdom’s development and exploring opportunities in emerging regions.
Aligned with Saudi Arabia’s Vision 2030 blueprint, the Private Sector Forum plays a strategic role in the country’s economic diversification, focusing on innovation, technology, and sustainable solutions. Saudi Arabia boasts one of the world’s highest solar irradiations, making it conducive to solar energy development. With 13 renewable energy projects under development and a collective capacity exceeding 11 GW as of 2023, the country is poised for substantial growth in solar PV installations. Minister of Energy Prince Abdulaziz bin Salman aims to add 20 gigawatts of renewable energy annually, reaching 130 gigawatts of renewable energy by 2030.
The Private Sector Forum offers an ideal platform for Array to expand its global presence and forge strategic partnerships, solidifying its role as a driving force in the transition to cleaner energy. It serves as a catalyst for collaboration and awareness, facilitating the promotion of a more sustainable and renewable future in the Middle East. |
