AIKO and Veers Group in joint venture in South Africa

By AIKO
September 2, 2024
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AIKO and South African distributor Veers Group have announced the formation of a groundbreaking joint venture, aiming to revolutionize the utility-scale and distributed solar sectors across South Africa and the African continent as a whole.

The newly established Aiko Energy SA (Pty) will be the operational arm of the venture, underscoring a strong commitment to local content and empowerment.

Meimei Yu, AIKO head of MEA sales, commented:“We are delighted to partner with Veers Group, whose in depth local expertise perfectly complements our cutting-edge technology. By merging global innovation with local knowledge, we are confident this joint venture will not only accelerate South Africa’s energy transition but also serve as a model for sustainable growth worldwide. Together, we are committed to delivering the highest-efficiency solar solutions, making a lasting impact on South Africa’s renewable energy landscape.”

Veers Group CEO Hashveer Singh added:“Innovation and sustainability have always been at the forefront of our organization. AIKO’s excellent reputation and aligned values make them the perfect partner for this journey. We look forward to bringing the company’s most efficient solar products to the South African market, providing utility projects with revolutionary efficiency upgrades. This partnership sets a new standard for performance and sustainability in the region, benefiting all stakeholders involved.”

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