UKSOL Energy KSA Expands Solar MW Installations in Saudi Arabia
/London, UK – August 15, 2024 – UKSOL Energy KSA (www.uksolenergyksa.com), a leading solar energy EPC company based in Riyadh, announced a significant expansion of its solar megawatt (MW) installations in Saudi Arabia. This move is part of the company's broader strategy to strengthen its presence in the Middle East, leveraging the Kingdom's ambitious Vision 2030 initiative to diversify its energy sources and reduce reliance on oil.
UKSOL Energy KSA, known for its extensive solar installation expertise in large-scale solar projects, has secured and is tendering several new contracts with key industrial clients in Saudi Arabia. These contracts will see the installation of over 700 MW of solar capacity including various sites at the world’s largest construction project called NEOM.
This expansion marks a major milestone for UKSOL Energy KSA, as the company seeks to play a pivotal role in Saudi Arabia's transition to renewable energy. The Kingdom aims to generate 50% of its energy from renewable sources by 2030, and UKSOL Energy's advanced solar technology is expected to contribute significantly to this goal.
Andrew Moore, Chairman of UKSOL Energy KSA, stated, "We are thrilled to be expanding our operations in Saudi Arabia at such a critical time for the country's energy sector. Our solar solutions are designed to meet the unique environmental and economic challenges of the region, and we are committed to supporting Saudi Arabia's sustainable development objectives."
The company's expansion into Saudi Arabia is backed by its strong financial performance and growing demand for renewable energy solutions in the Middle East. UKSOL Energy has been steadily increasing its market share in KSA
As part of its expansion strategy, UKSOL Energy has established a regional office in Riyadh, which will serve as a hub for its operations across the Middle East. The office will support local partnerships, supply chain management, and customer service, ensuring seamless execution of projects and long-term collaboration with Saudi stakeholders.
For more information email: KSA@uksol.uk or call +44 7949489911