On the third day of the SNEC Exhibition, Austa, a wholly-owned subsidiary of OSDA SOLAR, and VTAC held a grand signing ceremony for the Memorandum of Understanding (MOU) on joint venture strategic cooperation in the Middle East and Africa region at the exhibition site. The two parties will integrate their advantageous resources to jointly explore the photovoltaic market in the MENA region and contribute to the global green energy transition.
A Powerful Alliance to Explore the Trillion-Dollar Photovoltaic Blue Ocean Together
The Middle East and Africa region boasts the world's most abundant solar resources, making it a strategic highland for new energy development. In this cooperation, OSDA SOLAR will leverage its profound accumulation in photovoltaic technology R&D, project development, and operation management, and combine VTAC's advantages in localized market expansion and resource integration. Together, they will promote the implementation of large-scale photovoltaic power plants, distributed energy, and energy storage projects in the MENA region, accelerating the development of renewable energy in the area.
Chairperson Zhang Hongyan: Joining Hands with VTAC to Build a Zero-Carbon Future
Ms. Zhang Hongyan stated at the signing ceremony: "The Middle East and Africa market is an important
Part of OSDA SOLAR's global strategy. We are pleased to reach in-depth cooperation with VTAC. Both parties will give full play to their respective advantages to provide efficient and reliable photovoltaic solutions for the local area, promote the popularization of green energy, and help achieve global carbon neutrality goals." The representative of VTAC emphasized in his speech: "OSDA SOLAR's technical strength and project experience in the photovoltaic field are remarkable. This cooperation is an important step for VTAC in its global market layout. We look forward to working with OSDA SOLAR to jointly explore the MENA market and achieve win-win development."
The pen sets the course, together we embark on a new journey.
In the presence of attending guests and industry media, Ms. Zhang Hongyan, Chairman, and the VTAC representative formally signed the strategic cooperation MOU and took a group photo to mark the occasion. This signing signifies that the cooperation between the two parties has entered a substantive stage, and in the future, they will carry out in-depth collaboration in technical research and development, project investment, and market expansion.
