On the third day of the SNEC exhibition, Austa, a wholly-owned subsidiary of Osda Solar, and VTAC held a grand signing ceremony for a Memorandum of Understanding (MOU) on joint strategic cooperation in the Middle East and North Africa (MENA) region at the exhibition site. The two parties will integrate their respective strengths to jointly explore the photovoltaic market in the MENA region and contribute to the global green energy transition.

Strong Alliance to Explore the Trillion-Dollar Photovoltaic Blue Ocean

The MENA region, with its abundant solar resources, is a strategic high ground for new energy development. In this cooperation, Osda Solar will leverage its profound experience in photovoltaic technology research and development, project development, and operation management, combined with VTAC's advantages in local market expansion and resource integration, to jointly promote the implementation of large-scale photovoltaic power stations, distributed energy, and energy storage projects in the MENA region, accelerating the development of renewable energy in the area.

Chairman Zhang Hongyan: Join Hands with VTAC to Build a Zero-Carbon Future

At the signing ceremony, Ms. Zhang Hongyan said: "The MENA market is an important part of Osda Solar's global strategy. We are delighted to have reached a deep cooperation with VTAC. Both parties will fully utilize their respective strengths to provide efficient and reliable photovoltaic solutions for the local area, promote the popularization of green energy, and contribute to the global carbon neutrality goal."

A representative of VTAC emphasized in his speech: "Osda Solar's technical strength and project experience in the photovoltaic field are remarkable. This cooperation is an important step for VTAC to layout the global market. We look forward to working with Osda Solar to jointly explore the MENA market and achieve win-win development."

Sealing the Deal, Starting a New Journey

Under the joint witness of the attendees and industry media, Ms. Zhang Hongyan and the representative of VTAC officially signed the strategic cooperation MOU and took a group photo. This signing marks the entry of the cooperation between the two parties into a substantive phase. In the future, they will carry out in-depth cooperation in technology research and development, project investment, and market expansion.