Riyadh, Saudi Arabia – 6th Sept 2023– UKSOL and Alqaimary for Electromechanical Works are thrilled to announce a significant milestone in their commitment to advancing sustainable power solutions in the Middle East, particularly in the Kingdom of Saudi Arabia (KSA).
The Jordanian electrical and mechanical engineering company, Alqaimary for Electromechanical Works, has partnered with leading British Solar PV module producer, UKSOL to form an exciting new joint venture company in KSA, that promises to transform the solar energy landscape in the region.
The new JV company is called the Sustainable Power Company LLC (CR number 7034050455), and comes under the group trading name of UKSOL Energy KSA (www.uksolenergyksa.com).
This strategic collaboration brings together the expertise and resources of solar industry leaders to deliver cutting-edge renewable energy solutions, further contributing to Saudi Arabia's ambitious vision for a sustainable and diversified energy sector. The joint venture aims to leverage the strengths of both companies to install UKSOL solar modules, develop, construct, and deliver large scale solar energy projects that will significantly increase the availability of clean and reliable renewable energy across the Kingdom.
The two JV companies have very different solar industry experience which combined will bring a complete approach to delivering large scale utility solar PV projects. UKSOL is the leading British producer of solar PV modules and Alqaimary for Electromechanical Works has extensive practical engineering experience installing solar PV power plants, piling and constructing electrical sub-stations. They also provide a complete end to end service as an EPC company.
Key Highlights of the Joint Venture:
1. Renewable Energy Leadership: The joint venture will focus on delivery successful solar energy projects, harnessing the abundant sunlight in the region to generate sustainable power.
2. Cutting-Edge Technology: Leveraging the latest solar technologies and engineering excellence, the joint venture will ensure the delivery of high-quality, efficient, and reliable off-grid, hybrid and on-grid solar systems.
3. Local Expertise: By combining UKSOL Energy KSA's local presence and understanding of the Saudi market with Alqaimary for Electromechanical Works' proven track record in electromechanical engineering, the joint venture is uniquely positioned to provide tailored solutions to meet the Kingdom's energy needs.
4. Job Creation: The partnership is expected to create jobs in the renewable energy sector, contributing to the development of a skilled workforce in Saudi Arabia.
UKSOL Energy KSA are confident that this partnership will be instrumental in achieving the Kingdom's renewable energy goals, driving economic growth, and ensuring a sustainable energy future for generations to come.
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