Avaada Energy and Al Jomaih Energy and Water Embark on a Strategic Alliance for Renewable Power Advancements in the Middle East
By siliconindia | Tuesday, 12 September 2023, 11:09:54 AM IST
Avaada Energy the renewable arm of Avaada Group, a global pioneer in the renewable energy landscape, is elated to announce its strategic partnership with Al Jomaih Energy and Water (AEW) to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions. This significant stride is marked by the signing of a Memorandum of Understanding (MoU) between the two esteemed entities.
The alliance is set to explore the vast potential of Solar, Wind, Hybrid, and Battery Energy Storage solutions. "Joining forces with AEW underscores our dedication to bringing sustainable energy innovations to the Middle East," expressed Mr. Vineet Mittal, Chairman of Avaada Group.
The MoU paves the way for a collaborative approach, with a dedicated committee from both AEW and Avaada overseeing potential projects. AEW, with its deep-rooted local expertise, will interface with stakeholders and provide essential resources. In contrast, Avaada will infuse the partnership with its extensive development experience and technical acumen.
The collaboration extends to Engineering, Procurement, and Construction (EPC) and Operations and maintenance (O&M) services. Avaada is poised to present its competitive EPC solutions and qualifications for collaborative O&M setups in Saudi Arabia.
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