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The deal opens the door for future partnerships Power and Energy

27 Apr 2019| Posted by Morris | In Power and Energy

Nebras to the next stage of its global expansion, stressing Nebras' commitment to its goal of becoming a world leader in energy development. Nebras is not planning to do so alone, but with reliable partners. on them. He stressed that this acquisition supports Nebras' solar energy capabilities in the Netherlands and reinforces its leading position in photovoltaic power in Jordan. He said that with the signing of the agreement, Nebras Energy has investments in the field of solar energy in the Middle East, Europe and Latin America, noting that what distinguishes Brazil's investment is the technology used, the two-face panels, a new technology in the field of solar energy. Mr. Khalid Mohammed Jolo, Chief Executive Officer of Nebras Energy, said that the investment value in these projects will reach more than $ 400 million and the share of Nebras will be 80%. The first of these projects will be launched in May and the latest in September. Commercial operation in January 2020 The last project to be established will enter into production in January 2021, where the project will produce about 500 MW of four production units distributed in four different regions of Brazil. Commenting on the agreement, Mr. Faisal Al Siddiqui, Executive Director, Business Development, Nebras Energy, said: "This transaction is the first step for Nebras Energy in a very vital area that has been identified by the company as a springboard for future growth. "Over the past 18 years, Candian Solar has delivered more than 32 gigawatts of high-quality solar PV to its customers in more than 150 countries, and Candian Solar is one of the most successful companies in the world," said Dr. Huifeng Chang, Senior Vice President and Chief Financial Officer, Candian Solar. Companies in the solar industry are subject to financing by global banks and have been listed On the NASDAQ since 2006. He valued the partnership with Nebras Energy and expressed the hope that it would benefit both sides and open the Pope or more partnerships in the future. Nebras Energy, headquartered in Doha, is a joint venture between Qatar Electricity and Water Company (60) and Qatar Holding (40) and Nebras is a strategic investor with a global vision in the energy and water sectors. Technology diversity and markets through the development of new and existing projects, and is committed to providing safe, sustainable, efficient and environmentally sound energy solutions for future generations Nebras Power Investment Management BV ("NPIM") is a wholly owned subsidiary of Nebras Energy Company, established in 2016. Nebras Energy Investment Management is the investment arm of Nebras Energy Investment Management BV The company's mission is to acquire, develop and invest in new energy and potable water projects in the Netherlands and around the world. Founded in 2001 in Canada, Candian Solar is one of the largest and most important solar companies in the world. Candian Solar is a leading manufacturer of photovoltaic solar modules and has many future and geothermal solar projects. Different stages of the development process.

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