Publications

Investors - JULY 6, 2023

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

DUTCO, X-ELIO launch solar energy JV for GCC region

by Kali Persall

DUTCO, an infrastructure, energy and construction conglomerate, and X-ELIO, a global player in the renewable energy sector, have established a joint venture to spearhead the development, construction and operation of world-class solar energy projects.

Known as X-NOOR, the joint venture has established offices in Saudi Arabia and UAE to cover the Gulf Cooperation Council (GCC) region. The company is set to develop a diversified portfolio of solar projects, including on-grid and off-grid projects for industrial and commercial facilities, as well as utility-scale solar plants and solar-powered hydrogen plants.

DUTCO is a key player in the GCC market, undertaking important infrastructure and construction projects that have shaped the development of the region throughout the years. X-ELIO brings an extensive global portfolio of successfully delivered solar projects. The partnership between X-ELIO and DUTCO combines local knowledge and global expertise, creating a synergy th

Forgot your username or password?