RIYADH, Saudi Arabia—DarSolar, a new company recently formed by Saudi Arabian solar advocates, is taking its first steps toward attracting international partners to the Kingdom of Saudi Arabia (KSA) and the Middle East and North Africa (MENA) region. The company will offer a variety of services intended to streamline the entry of international solar partners and spur growth in the industry, including solar engineering, project management, business development, professional certification, and other consulting services.
For Abdulmohsin Al Shoaibi, Managing Partner of DarSolar, the company’s launch is the culmination of fifteen years of advocacy for the solar industry in the KSA. ”Three to five years from now, Saudi Arabia will have a well-established solar energy marketplace. The Kingdom has launched an ambitious 30-year program with sizable targets, potentially valued at more than US$150 billion, which is generating a great deal of interest in the international community. Many forward-thinking organizations have already recognized the need to begin building their brands and relationships in the Kingdom today. Those that succeed will enjoy significant competitive advantages in the near future.”
While many companies offer agency or representation relationships in Saudi Arabia, DarSolar is the only one that has been formed to focus specifically on the solar energy industry. The company seeks to foster mutually-beneficial partnerships between international solar companies and the KSA, both as an incubator service for companies working to become established in the Kingdom and through the formation of long-term franchise or consulting partnerships.
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