Indian solar developer Avaada Energy has entered into a 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.
The pair have signed a memorandum of understanding (MoU) the alliance is set to explore the vast potential of solar, wind, hybrid, and battery energy storage solutions.
Vineet Mittal, chairman of Avaada Group, said: “Joining forces with AEW underscores our dedication to bringing sustainable energy innovations to the Middle East.”
Under the MoU, AEW, with its local expertise, will interface with stakeholders and provide essential resources.
Meanwhile, Avaada will infuse the partnership with its development experience and technical acumen.
The collaboration extends to EPC and O&M services.
Avaada is to present its EPC solutions and qualifications for collaborative O&M setups in Saudi Arabia.