Jordan's AEPCo, GSI secure 100MW material supply contracts for renewable projects

AEPCo (Alternative Energy Projects Company) and GSI (Green Sources Investment) reaffirmed their commitment to sustainable energy by sealing substantial 100MW material supply agreements at the esteemed 2024 World Future Energy Summit (WEFS) in Abu Dhabi. These agreements signify the commencement of a series of strategic partnerships aimed at fulfilling AEPCo’s project deployment needs across the region.

The material supply agreements encompass critical components essential 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 excitement for the company’s growth trajectory, stating, “AEPCo is thrilled to start the year with strong momentum towards expanding our portfolio. These initial agreements are just the beginning; 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, saying, “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: