The production, with an initial capacity of 21 MW, is expected to commence on September 2014 accommodating all types of PV modules and with plans of reaching an annual production capacity of 80 MW by the end of 2016.
Disctech FZCO/Z-One Holding, a leading solutions provider in the field of Solar Energy in MEA, has established relationships with leading industry suppliers and regional partners over Middle East and Africa.
According to Mr. Yasser Gamil, Managing Director of Z-One Holding, "We are honored to partner with AOI/ARECO. This idea of partnership strengthens our position as an industry leader in the MEA region."
Dr. Samir Darwish, CEO of AOI/ARECO, added, "We are determined as the government of Egypt to support solar energy manufacturing and make it a success story for the region."
Arab Organization for Industrialization is one of the largest industrial organizations in Egypt and in the Middle East supporting community development plans in the fields of infrastructure, environmental protection and transportation projects among others.
This contract is a major milestone for Disctech/Z-One Holding achievements in the Middle East and the African market.
