Israeli company signs solar deal with Saudi Arabia
Categories: Projects & Energy
Israel’s largest solar energy company, SolarEdge, has signed a joint venture with Ajlan & Bros Holding (AHB) to adopt solar energy in Riyadh.
The joint venture will support the deployment of smart renewable energy solutions in Saudi Arabia and aligns with the Saudi Vision 2030 initiative, aiming to reduce the country’s dependence on oil by the end of the decade. The venture will offer organizations in the country a portfolio of SolarEdge products in areas such as production, storage, and energy management, as well as site modeling and consultancy for the transition to renewable energy.
