MEDIA
AEPCo and GSI Sign 100MW Material Supply Agreements at WFES 2024 in Abu Dhabi
18 April 2024
Abu Dhabi, April 18, 2024 – AEPCo (Alternative Energy Projects Company) and GSI (Green Sources Investment) have solidified their commitment to sustainable energy by signing a significant 100MW material supply agreements during the prestigious 2024 World Future Energy Summit (WEFS) held in Abu Dhabi. These agreements mark the beginning of a series of strategic partnerships aimed at fulfilling AEPCo’s project deployment requirements across the region. The material supply agreements encompass critical components for renewable energy projects, including trackers, inverters, and photovoltaic (PV) modules. AEPCo and GSI have collaborated closely with reputable vendors to ensure seamless supply chains for their ongoing projects in Jordan, Kuwait, and the United Arab Emirates. Dr. Hassan Qasem, CEO of AEPCo, expressed his enthusiasm for the company’s growth trajectory: “AEPCo is delighted to kick off the year with a strong momentum towards expanding our portfolio. These initial agreements are just the tip of the iceberg; we anticipate announcing several more strategic partnerships in the near future. AEPCo remains steadfast in its commitment to sustainability and carbon reduction, supporting the private sector in achieving Net Zero Carbon Targets.” Maher Farraj, CEO of GSI, echoed this sentiment: “Our current agreements represent a significant leap toward our sustainable energy goals. By forging these partnerships, we underscore our dedication to innovation and excellence in renewable energy solutions. Together with AEPCo, we are shaping a brighter, greener future for generations to come.” Company Attendees at WEFS:
- Dr. Hassan Qasem – CEO, AEPCo
- Mr. Suleiman Husseini – Country Manager, AEPCo
- Eng. Omar Al Ani – Senior Operations Manager, AEPCo
About AEPCo: Headquartered in Kuwait, AEPCo is a leading player in renewable energy solutions. Our core focus includes Project Development and Engineering Procurement & Construction (EPC) services for solar projects. Since our inception in 2016, we’ve successfully executed solar projects in Kuwait and expanded our services across the MENA region. Our ongoing and completed projects span Kuwait, Saudi Arabia, Oman, and Jordan, reflecting our commitment to advancing sustainable energy practices in the Middle East and North Africa (MENA) region.
