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juwi creates JV in Dubai

German renewable project developer the juwi group has created a new joint venture, juwi Renewable Energies FZCO, to serve customers in North and East Africa and in the Arabic region.

Based in Dubai, juwi Renewable Energies FZCO will act mainly as a consultant and engineering, procurement and construction (EPC) partner focusing on investors in solar projects. It is a joint venture between juwi and the local corporation Z-One DMCC.

The first projects are planned to start in 2014. “We are evaluating large solar parks in Africa, an area with an abundance of sun. Photovoltaic offers the region a great chance for sustainable economic development”, said Luca Sacchetto, new MD of juwi Renewable Energies FZCO.

 “In the area of North and East Africa, the potential for solar and wind energy sector is huge,” said joint venture partner Yasser Gamil from Z-One DMCC. “So far, we were lacking the know-how to implement specific projects. Now, with juwi at our side as an important and experienced partner, we hope to change the market of renewable energies in the area.”

 “The discussion held with potential clients have encouraged us to proceed with our plans,” added Luca Sacchetto. “The gulf region as well as the countries in East and North Africa have a great backlog demand for renewable energies. Therefore, the activities in Dubai will greatly contribute towards a sustainable energy supply that current and future generations will benefit from.”

 

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