IAN, the wholly owned renewable energy arm of AG Holding, a prominent UAE Holdingg Company and a family office, has entered into a strategic distribution agreement with China-based DMEGC Solar, marking DMEGC’s first official expansion into the GCC region. The IAN-DMEGC deal will tap GCC’s massive US$ 6.53bn Solar PV market.
DMEGC Solar is the world’s leading high-efficiency solar panel supplier and manufacturer in renewable energy, recognized as a Bloomberg Tier 1 PV module manufacturer and PVTECH global Top 10 module suppliers. The company is dedicated to providing full-scenario photovoltaic solutions worldwide for residential, commercial, and utility-scale applications.
Signing ceremony
The agreement signing ceremony took place in Dubai between Abdulrahman Al Baidhaei, Chairman of AG Holding on behalf of IAN, and Leon Lu, General Manager of Global Sales at DMEGC Solar, formalizing a partnership that sets IAN as the exclusive distributor of DMEGC Solar products across the Gulf region.
“This partnership reflects our commitment to accelerating clean energy adoption and providing industry-leading technologies to our clients,” stressed Al Baidhaei.
“Our collaboration with IAN marks an important milestone as we enter the GCC market for the first time. IAN’s strong presence and expertise in the regional renewable energy sector make them a perfect partner for our expansion,” asserted Lu.
