Partners seek to advance accessibility of solar solutions in South Africa

VEERS Group, a black-owned and operated company with a firm track record in the energy sector, has formed a joint venture with AIKO, a solar technology leader, in order a bid to revolutionise the utility-scale and distributed solar sectors across South Africa

The joint venture will focus on advancing both the utility-scale and distributed solar sectors across the country, while expanding its distribution footprint throughout the African continent. By leveraging AIKO’s industry-leading N-Type ABC solar modules, the collaboration aims to significantly accelerate South Africa’s shift towards a low-carbon future. The venture will make these solar technologies widely accessible across utility-scale, commercial, industrial, and residential sectors.

Meimei Yu, head of MEA Sales at AIKO, commented, “We are thrilled to partner with VEERS Group, whose deep 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.”

The newly established Aiko Energy SA Ltd will be the operational arm of this joint venture, underscoring a strong commitment to local content and empowerment. AIKO has also reiterated its intention to aligning its operations with the principles of black economic empowerment and localisation, ensuring that its business strategies are tailored to meet the unique needs of the local market. This partnership not only leverages VEERS Group‘s expertise in South Africa but also prioritises community engagement and upliftment, reinforcing AIKO’s pledge to drive meaningful, sustainable growth in the region.

Hashveer Singh, CEO of VEERS Group, added, “Innovation and sustainability have always been at the forefront of our organisation. AIKO’s stellar reputation and aligned values make them the perfect partner for this journey. We look forward to bringing AIKO’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.”