Home | Insights | Dubai’s Phanes eyes Africa for new solar power projects

Dubai’s Phanes eyes Africa for new solar power projects

June 7, 2016

Dubai-based solar energy developer, investment manager and asset manager, Phanes Group, has announced the launch of an office in Johannesburg, South Africa, its first African office.

The company said in a statement that the office will act as a hub for the firm’s activities both in South Africa and across Sub-Saharan Africa.

Currently, Phanes Group’s pipeline on the African continent exceeds 650 megawatts, including a 150-megawatt project under development in South Africa.

The development follows Phanes Group’s distributed solar specialist Green Energy Tomorrow recently signing an agreement with DP World to deliver the largest rooftop solar project in the Middle East. Earlier this year, Phanes Group also delivered phase one of the 34-megawatt Monte Plata solar array -the largest solar energy plant in the Caribbean.

Source

Need guidance on UAE corporate structure?

Our advisors are available to discuss your specific requirements across mainland and free zone jurisdictions.

Contact Us