Terra Sola Ventures is an investor and developer of specialized integrated solar power projects in the MENA region. We help MENA countries realize their energy diversification potential through the development and implementation of efficient and reliable solar power projects.
Who we are?
The world is hungry for power. Unprecedented progress has led to record levels of power consumption. In order to fuel national growth, the Middle Eastern and North African (MENA) countries anticipate staggering energy demands for the future. Economic prosperity, growth in industry and manufacturing, high youth populations and weather patterns have all contributed towards electricity demands of the region growing by around 8% annually.
A MENA-wide megatrend and a fast-growing industry, solar energy is an increasingly attractive field for short and long-term investors alike. Bringing together top financiers, technology partners and developers, Terra Sola uses an ‘Integrated Approach’ to develop and establish the solar energy industry that benefits all stakeholders.
Terra Sola’s four pronged ‘Integrated Approach’ includes:
- establishing large scale solar power plants
- building a manufacturing capacity in an industry related to the solar energy
- establishing Human Capital Development (education & training) initiatives
- growing the small-to-medium enterprises (SME) sector for businesses related to photovoltaics
This holistic approach creates a self-sustainable solar energy competency from the ground up for the MENA country in which Terra Sola operates.
total number of megawatts under development
million dollars’ worth of projects under development
MENA countries with unlimited solar energy potential
average numbers of jobs creates by Terra Sola’s signature project in a MENA country
Terra Sola has successfully bid and pre-qualified for a PV Solar Power Project in in the city of Kom Ombo in the southern Egyptian province of Aswan. The Ministry of Electricity and New and Renewable Energy Authority (NREA) have announced plans to operate the plant on a build-own-operate (BOO) basis to produce a total of 200MW of energy.