Yasser Gamil from Egypt has been appointed as Solarpraxis MENA LLCs managing director, while the companys majority shareholder is Solarpraxis AG. The new company is headquartered in the Dubai free trade zone in the United Arab Emirates.
We have been noticing great potential for the photovoltaics industry in the Middle East and North Africa for some time now. The market in this region is just emerging and is going to become very interesting in the medium term. Our local subsidiary will allow us to collect and pass on the important market knowledge needed for planning and implementing major solar projects, explains Karl-Heinz Remmers, Chairman of Solarpraxis AG. Solarpraxis engineers are set to draw up expert reports for solar projects in the region and plan PV installations.
Solarpraxis MENA and Solarpraxis Berlin are engaging in lively discussions and an exchange of knowledge, which are also facilitated by means of mutual training.
Initial negotiations between Solarpraxis and Z-One Holding on setting up the subsidiary had started as early as June 2012. There is still a lot of ground to cover before the MENA region offers ideal conditions for the photovoltaics industry. We want to help players in the PV sector to tap market potential by passing on our expertise through conferences and a dedicated knowledge platform, for example, explains Managing Director of Solarpraxis MENA and head of Disctech and Z-One Holding Yasser Gamil, who has more than seven years of experience in the solar industry.
It is important not to get carried away by the hype surrounding the MENA region at the moment. I believe that only a step-by-step approach will be successful in the long run. This requires an understanding of the market and the cultural diversity of this large and highly varied region.
Solarpraxis MENA will soon offer bundled market knowledge on its own website, and will be hosting the Solar Industry Summit Middle East 2013 in Dubai on November 6, 2013.
