Avaada Energy signs renewables MOU with AEW

• 1 year, 2 months ago (2023-09-12)
• David Flin

Middle East 326 Solar 272 Wind 256

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Indian solar developer Avaada Energy has signed an MOU with Al Jomaih Energy and Water (AEW) of Saudi Arabia to develop renewable power generation projects in Saudi Arabia and other Middle East countries.

The two companies will explore the potential of solar, wind, hybrid, and battery energy storage solutions in the region. Under the terms of the MOU, AEW, with its local expertise, will interface with stakeholders and provide resources; Avaada will supply its development experience and technical acumen. The collaboration extends to EPC and O&M services.

Vineet Mittal, Chairman of the Avaada Group, said: “Joining forces with AEW underscores our dedication to bringing sustainable energy innovations to the Middle East.”