Zakh Renewable Energy and Engineering Manufacturing, a leading industrial group in Azerbaijan, has announced the launch of its new solar panel and Building Integrated Photovoltaics (BIPV) manufacturing facility in Ras Al Khaimah Economic Zone (Rakez).
Set on a 30,000 sq m plot in Al Ghail Industrial Zone, the facility will manufacture solar panels and customised BIPV façade solutions, with a current annual production capacity of 600 MW of solar panels, alongside up to 500,000 sq m of BIPV façade solutions.
Speaking on the occasion, Zakh Chief Operating Officer Marina Strateva said: "Establishing our manufacturing facility in Ras Al Khaimah represents an important milestone in Zakh’s growth journey. From this strategic base, we aim to deliver high-quality solar panels and customised BIPV façade solutions that meet the evolving requirements of customers across the UAE, GCC and international markets."
Zakh’s flagship solar technology brand, FAERS, began as an R&D initiative in Azerbaijan in 2017 and has since evolved into industrial-scale photovoltaic technology manufacturing, with solutions designed to perform in high-temperature and desert environments.
"Rakez has provided the infrastructure and business environment needed to support our manufacturing ambitions, and we look forward to expanding our capabilities and contributing to the region’s transition towards cleaner and more sustainable energy solutions," she stated.
Rakez Group CEO Ramy Jallad said: "Zakh’s facility brings specialised renewable energy manufacturing capabilities to Ras Al Khaimah’s growing industrial ecosystem. As demand for clean energy solutions continues to evolve across the region, building local production capacity creates opportunities to strengthen supply chains, advance industrial capabilities and serve growing regional and international markets."
Looking ahead, Zakh has plans for future expansion to increase its solar module production capacity to more than 1.8 GW in the coming years, he stated.
Its products will primarily serve the UAE and wider Gulf and Mena region, with additional reach into Africa, Europe and the US, he added.-TradeArabia News Service