Under this MoU, W Solar will invest in the green energy sector in Libya, by building solar photovoltaic power generation plants and selling the net delivered energy from the plants to the Libyan government. As we get on with unleashing investments in the renewable energy sector, having a partner like W Solar will definitely help accelerate the national green energy agenda." From his end, Zafar Muhammad, CEO W Solar, said, "This is a landmark agreement for W Solar as we look to grow our operations in Africa and establish long-term relationships with key partners. About W Solar InvestmentW Solar Investment Is an Abu Dhabi-based joint venture of Alpha Dhabi Holding PJSC (“ADH”) and Abu Dhabi Developmental Holding Company (“ADQ”), which own 75% and 25%, respectively. W Solar invests, develops, owns, operates, and transfers renewable energy power plants through its subsidiaries.

Source: Libya Today June 27, 2022 06:45 UTC