PVH looks back on an extraordinary 2023 and walks to the future with high expectations

30/01/2024

As we look back on 2023, we realize that it has been a truly extraordinary year for PVH. As we look forward to what 2024 has in store, our CRO, Carlos Lopez, provides his expert opinion on what this year has meant for the company, and together with Alvaro Casado, CRO of PVH Middle East, and Will Cabana, VP of Sales at PVH United States, offers his vision and expectations for the year ahead.

In 2023, PVH achieved unprecedented success, boasting exceptional business figures and unprecedented economic growth. One of the pillars of this achievement was an unwavering commitment to meeting the needs of its customers. The company has doubled its staff internationally, with professionals from diverse backgrounds showing a tremendous level of commitment and undoubtedly driving global success.

Global expansion

PVH Middle East has established itself as a powerhouse in the Middle East, surpassing 14GW in ongoing and completed projects, and positioning itself as the largest 2023 solar tracker supplier in the region. Collaborations with industry giants such as ACWA Power and NEOM in Saudi Arabia, and Masdar and DEWA in the UAE, underscore its commitment to innovation and excellence. PVH Middle East has established itself as a Saudi company, with a permanent presence and a new factory in Jeddah, and has achieved the highest local content score in the industry in the region.

PVH has made a major effort to expand in the United States, with a major investment in a new mill in Houston marking a significant milestone in the company’s global trajectory.

Intelligence beyond steel

Innovation remains at the core of PVH’s values. With an assembly line based on assembling its trackers within the factory, PVH has managed to reduce the number of parts shipped to each facility by 80%, thus setting a new standard for efficiency in the industry. In addition, PVH is already installing the DBox5, a new state-of-the-art controller that sets new standards for reliability, safety and sustainability in its projects, demonstrating its commitment to providing cutting-edge solutions to its customers.

Looking ahead to 2024, PVH remains strong in its commitment to growth and innovation. The upcoming unveiling of its tracker evolution promises to revolutionize projects, with much more versatile configurations and greater resilience in the face of adverse weather conditions.

As we enter 2024, PVH embraces the opportunities ahead. With a focus on sustainable growth and nurturing its global strategy, it remains unwavering in its vision to shape a future where excellence knows no boundaries.

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