\n
\u00a0Genesis Energy Holding (\u201cGENESIS\u201d), a leading Pan-African clean energy infrastructure development and asset management company, and Desert Technologies Industries Factory CJSC (\u201cD-T\u201d), a global leader in smart solar infrastructure headquartered in Saudi Arabia, have formally signed a Strategic Collaboration Agreement during the 27th Africa Energy Forum (AEF 2025)\u2014the continent\u2019s premier platform for energy investment and collaboration.<\/p>\n
This agreement builds on a Memorandum of Understanding (MoU) established between both companies earlier in the year in Dubai, executed by Desert Technologies\u2019 CEO, Khaled Sharbatly and GENESIS\u2019 Chairman, Akinwole II Omoboriowo. The MOU laid the foundation for this strategic partnership, focused on the joint development and deployment of clean energy solutions across Africa which will also include strategic financing under the partnership.<\/p>\n
Under the terms of the agreement, GENESIS\u2019s Solar and Storage products subsidiary company will serve as D-T\u2019s Preferred Partner for the African market, working to distribute and implement high-efficiency Solar PV and Battery Storage Systems, with a strong emphasis on mini-grid and utility-scale solutions. The signing ceremony at AEF underscores both companies\u2019 commitment to forging high-impact partnerships that align with Africa\u2019s electrification goals and global sustainability priorities.<\/p>\n
Speaking on the significance of the partnership, Chairman of Genesis Energy Holding, Mr. Akinwole II Omoboriowo, \u201cthis collaboration with Desert Technologies marks a significant step in GENESIS\u2019s sustained upward trajectories mission to expand access to clean, reliable power across Africa. By leveraging D-T\u2019s innovative solar products and our extensive experience in developing, financing and deploying sustainable energy infrastructure, we are not just providing power; we are empowering communities, fostering economic growth, and accelerating the continent\u2019s transition towards a cleaner, more resilient energy landscape. This partnership is a testament to our unwavering commitment to closing Africa’s energy gap and delivering impactful change.\u201d<\/p>\n
Speaking on the Partnership, Khaled Sharbatly, Chief Executive Officer, Desert Technologies, \u201cthis strategic partnership with GENESIS marks a new chapter in D-T\u2019s mission to expand Saudi innovation into high-impact global markets. By combining our smart infrastructure solutions with GENESIS\u2019s proven development platform, we are laying the groundwork for a long-term alliance that will accelerate Africa\u2019s clean energy transformation\u2014one project, one community at a time.\u201d<\/p>\n
D-T brings to the collaboration its Sahara solution\u2014a rapidly deployable, containerised solar power system\u2014and its experience in implementing mini-grid projects designed to serve off-grid and remote communities. These technologies provide reliable, clean power in areas historically underserved by national utilities, which can be deployed to address the needs of over 600 million people living without electricity across the continent.<\/p>\n
\u00a0\u201cOur collaboration with GENESIS reinforces Desert Technologies\u2019 commitment to developing practical, scalable solutions for energy access across Africa,\u201d said Haytham Abdo, General Manager | Development, Desert Technologies. \u201cBy combining our Sahara and mini-grid systems with GENESIS\u2019s execution capabilities, we are creating the foundation for long-term, sustainable energy independence in communities that need it most.\u201d<\/p>\n
GENESIS, with a project pipeline exceeding 4.5 GW and over 458 MW in operation and under implementation, brings a deep understanding of market development, financing, and infrastructure delivery. The two (2) companies will also explore project-specific joint ventures and financing models, including Special Purpose Vehicles (SPVs) and access to credit facilities through Saudi EXIM Bank and other Saudi export agencies.<\/p>\n
\u00a0\u201cWe are proud to partner with Desert Technologies as their preferred distributor. This partnership reinforces our commitment to delivering innovative and scalable energy solutions that meet the growing demand for renewables in emerging markets.\u201d This partnership goes beyond technology, it\u2019s about collaboration, local empowerment, and the shared belief that clean energy should be accessible to all.\u201d Michelle Okoyomo, Vice President, Client Coverage (Investor Relations and Strategic Partnerships) at GENESIS.<\/p>\n
A joint working group will oversee the implementation of the partnership, ensuring timely execution, transparency, and alignment with environmental, social, and governance (ESG) standards. The agreement further reflects the spirit of Saudi Arabia\u2019s Vision 2030, the United Nations Sustainable Development Goals, and Africa\u2019s ambitions for clean energy transformation.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0Genesis Energy Holding (\u201cGENESIS\u201d), a leading Pan-African clean energy infrastructure development and asset management company, and Desert Technologies Industries Factory CJSC (\u201cD-T\u201d), a global leader in smart solar infrastructure headquartered in Saudi Arabia, have formally signed a Strategic Collaboration Agreement during the 27th Africa Energy Forum (AEF 2025)\u2014the continent\u2019s premier platform for energy investment and<\/p>\n","protected":false},"author":10,"featured_media":9290,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-9289","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-english-news"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/posts\/9289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/investn24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9289"}],"version-history":[{"count":1,"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/posts\/9289\/revisions"}],"predecessor-version":[{"id":9291,"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/posts\/9289\/revisions\/9291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investn24.com\/index.php?rest_route=\/wp\/v2\/media\/9290"}],"wp:attachment":[{"href":"https:\/\/investn24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investn24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investn24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}