- Siemens and Desert Technologies launch joint venture Capton Energy to develop and invest in solar and smart infrastructure in the Middle East, Africa and Asia
- Capton Energy aims to invest in projects of 1GW in aggregate and boost the supply of clean, stable and affordable power in under-served markets
Siemens and Desert Technologies have
launched a joint venture to develop and invest in solar and smart infrastructure in Africa,
the Middle East and Asia, as
announced today at Expo 2020 Dubai. The venture, Capton Energy – which aims to build
up a portfolio of investments in projects with an aggregate capacity of more
than 1 gigawatts (GW) – will support projects providing clean, reliable, and affordable energy in areas that need it most.