Energy and Environmental Services:

Solar Power Solutions

Seeing the Light

In 90 minutes, enough sunlight strikes the earth to provide the entire planet’s energy needs for one year. While solar energy is abundant, it still represents only a fraction of the world’s current energy mix according to the IEA.

This is rapidly changing – driven by global action to improve energy access and supply, around the world, governments and companies are investing in solar generation capacity on an unprecedented scale.

"Nearly 60% of power generated in 2040 is projected to come from renewables, almost half of this from wind and Solar PV."

International Energy Agency, 2017

4.8GW

of power projected in Abdul Latif Jameel Energy's portfolio

In the MENAT region, several countries  are now focusing on solar power.

Abdul Latif Jameel Energy has reaffirmed its own commitment by deepening and expanding its presence not only in this region,  but also in emerging solar markets around the world. Today, we are leading projects in the Middle East, Australia, Africa and Latin America. We have also opened new offices in the United States and India, quickly followed by being awarded a number of new projects.

We are successfully reducing carbon emissions and driving technological advances to enable the next generation of solar plants to be more effective than ever, making energy from renewable sources ever more affordable and in reach of all.

Since acquiring FRV in 2015, Abdul Latif Jameel Energy has increased its project pipeline by nearly half, to 4.8 GWdc.

Photovoltaic Solar Power

Our initial focus has been in photovoltaic (PV) solar energy and in 2015, we acquired Fotowatio Renewable Ventures (FRV), a leading international developer of large-scale solar projects.

While we bring regional knowledge and financial capability to the table, FRV brings its extensive global experience in engineering, development and construction of solar installations.

Our combined strength makes us the largest GCC-based solar photovoltaic developer and one of the largest in the world.

Currently, we’re exploring new photovoltaic solar opportunities within the MENAT region and beyond.

In line with our ongoing commitment to economic development, we place a key focus on building a sustainable legacy in countries where we establish projects. We aim to create jobs at all levels, including the training of the local workforces to create renewable energy expertise within that country.

Learn more about FRV

130MWdc

power output of FRV solar projects in Jordan

"Our global track record, backed by Abdul Latif Jameel’s strength and presence, significantly increases our ability to lead in diversifying national energy production in strategic markets".

Rafael Benjumea
Chief Executive Officer and Co-Founder, FRV

"Everything has to change to stay the same. Energy has to be accessible, clean and sustainable, but if it is not affordable, then the change will never come."

José Benjumea
Co-Founder, FRV

US$ 75bn+

global solar energy market by 2016

8.1%

MENA Solar PV market compound annual revenue growth forecast 2015-20

Our Businesses

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