VOLTS UAE Limited, PESCO Energy & Resources DMCC and China National Chemical Engineering & Construction Corporation Seven, Ltd. signed a trilateral strategic cooperation agreement in late April 2022.
The purpose of the cooperation between the companies is to combine the efforts and expertise of the parties to promote high-tech solutions and EPC services in the supply and storage of clean energy in the Middle East and North Africa.
Volts UAE Limited is a high-tech company registered in the UAE with competences in the electricity sector: engineering and design of solar, wind and hydro generation, design and production of high capacity electricity storage and other new energy facilities. The company carries out projects in the Middle East (UAE, Saudi Arabia, Uzbekistan) as well as in the CIS countries.
PESCO Energy & Resources DMCC is a project management company with an operating office in Dubai, UAE that specializes in project management, construction and consulting services in oil production, transportation, oil refining and marketing, as well as green energy.
China National Chemical Engineering & Construction Corporation Seven, Ltd. - a Chinese state-owned corporation, specializes in providing engineering and construction services in the oil and gas, petrochemical, fertilizer, decarbonization and solar energy industries, as well as civil infrastructure.