PVH signs with CEEC the supply of 1.7GW for its largest project in the Middle East

17/08/2023

PVH_Solar plant

PVH, the number one solar tracker manufacturer in Middle East, has signed a major contract with China Energy Engineering Group Co., Ltd (CEEC) to supply 1.7GW for the largest solar project in the MENA region. The project is located in the Al Shuaibah area of Jeddah City, Makkah Province in Saudi Arabia, and it adds on to the list of many successful projects carried out by the Kingdom to achieve its “Vision 2030” of reducing the use of fossil fuels and leading the global transition towards a clean and green energy system.

Project included within the “Saudi Vision 2030”

Saudi Arabia is committed to the preservation of the environment and has designed an elaborate strategy to generate 50% of its energy from renewable sources by the end of the decade. To this end the government is actively expediting the regional energy transition with a total of 27.3GW of renewable energy in its foreseen pipeline. The Saudi Public Investment Fund (PIF) aims to develop 70 percent of the Kingdom’s renewable energy capacity by 2030 and has invested around SR1.5 trillion (US$400 billion) since 2016 in alternative energy. The Al Shuaibah project represents a total investment of SR8.3 billion ($2.2 billion) in its two phases, with a 2GW solar photovoltaic plant that is expected to begin commercial operations by the fourth quarter of 2025.

As the leader solar tracker manufacturer in the area, PVH is bound to play a key role in the realization of the Saudi Vision 2030. “Al Shuaibah is a very important project for PVH to showcase our expertise with product engineering and resilient design adapting to a projected lifetime