Riyadh, Saudi Arabia – Saudi Arabian aluminum extrusion company Aluminum Products (ALUPCO) has entered into a strategic collaboration with Array Technologies, based in Albuquerque, a city in Mexico. The primary objective of this partnership is to introduce solar technology into the rapidly expanding renewable energy sector in the Middle East.
The announcement was made jointly by Array and ALUPCO, emphasizing their commitment to the global clean energy market, Albuquerque based abqjournal reported.
“Our alliance with ALUPCO and expansion into the Middle East underscores our dedication to the global clean energy market,” Array CEO Kevin Hostetler said in a statement, quoted by the journal. “Our partners around the world share our commitment, and consistently rely on us for our differentiators — engineered simplicity, relentless reliability and a track record built on decades of experience, performance and trust.”
Array Technologies, known for manufacturing solar tracker technology for over 30 years, went public in 2020 under the symbol ARRY and has operations in various locations worldwide, including Arizona, Australia, Brazil, England, South Africa, and Spain.
ALUPCO, headquartered in Dammam, Saudi Arabia, is recognized as a leading aluminum solutions provider in the Middle East and North African region. CEO Khaled Abdel-Moneim expressed excitement about the partnership.
“As the leading aluminum solutions provider in the Middle East and North African region, we are thrilled to partner with Array as a pioneer and innovator, uniquely positioned to pave the way in the renewables industry,” CEO Khaled Abdel-Moneim said in a statement.
Both companies participated in a Private Sector Forum in Riyadh, Saudi Arabia, earlier this month, hosted by Saudi Arabia’s Public Investment Fund. The forum aimed at diversifying the nation’s economy through innovation, technology, and sustainable solutions.
The forum aligns with Saudi Arabia’s goal of diversifying its economy away from oil. Minister of Energy Prince Abdulaziz bin Salman stated that the country aims to add 20 gigawatts of renewable energy annually, reaching a total of 130 gigawatts of renewable energy before 2030.