Dr. Hassan Qasem, CEO of Alternative Energy Projects Company (AEPCo), recently spoke with The Energy Year about AEPCo’s successful lease model for solar assets and the growing appetite for renewable energy systems in Kuwait’s private sector.
As a project development leader, Alternative Energy Projects Company designs, builds, finances, and operates renewable energy assets across the MENA region, delivering innovative solutions that combine technical excellence with sustainable impact.
In the interview, Dr. Hassan highlights how AEPCo is launching Kuwait’s first privately leased PV system at Jaber Mall, securing landmark renewable energy agreements that will bring 59 GWh of clean power to malls, factories, and residential buildings, and overcoming regulatory challenges with creative project structures that have the potential to reshape Kuwait’s private energy sector.
“We are stepping up to show that the private sector has an appetite for solar. Our initiatives tell the market and the government: ‘We are ready.’” – Dr. Hassan Qasem
From distributed solar solutions to large scale regional projects in Saudi Arabia, Oman, and Jordan, AEPCo is committed to leading the clean energy transition and building a more sustainable future for generations to come.