Avesta Battery & Energy Engineering has launched its first daughter company abroad, more specifically in Saudi Arabia. This new affiliation is called ‘Development and Modern Technology Co’ and it is located in Jeddah. This new company has been established in collaboration with local investors. ‘Development and Modern Technology Co’ is offering the following solutions and services to the industry:

➢ Design of full renewable energy solutions for residential, large commercial applications and rural area’s,

➢ Off/on grid applications,

➢ State of the art Li-ion battery technologies from 12kWh to 10MWh,

➢ Full realization from design to implementation,

➢ Market studies in the Middle East,

➢ Support to tenders,

➢ Support to governmental affairs related to renewable solutions.