DUBAI - Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has supported Kilimanjaro Energy's expansion into China.

The chamber's efforts contributed to signing a Memorandum of Understanding (MoU) between the Dubai-based renewable energy group and Skyworth Photovoltaic Technology, a Shenzhen-based company specialising in residential and commercial solar energy solutions.

Under the agreement's terms, signed at Dubai Chambers' headquarters recently in the presence of representatives from Dubai International Chamber and the government of Shenzhen's Guangming District, the two companies will collaborate in photovoltaic energy and energy storage for commercial and industrial projects in global markets.

The MoU will enable both parties to explore and implement mutually beneficial cooperation models for new energy projects.

Kilimanjaro Energy is set to open a branch in China to provide specialised advice to Chinese companies, including those seeking to expand into Dubai and the wider region.

Dubai International Chamber's representative office in Shenzhen played a major role in establishing the successful cooperation between the two companies.

Dubai's Kilimanjaro Energy is among the leading supporters of climate neutrality efforts and specialises in identifying and evaluating top-tier renewable energy projects across Africa and the Middle East. The company provides various services, including business and project advisory, structuring and facilitating energy commodity deals, project development, and fund mobilisation.

China's Skyworth Photovoltaic Technology has technical expertise in the new energy, digitalisation, and supply chain sectors.

Salem Al Shamsi, Vice President of Global Markets at Dubai Chambers, stated, "Kilimanjaro Energy's success in expanding into China and the MoU signed with Skyworth Photovoltaic Technology underline the importance of our efforts to support the growth of Dubai-based companies in promising global markets."

Ali Makki, Co-founder and Group CEO of Kilimanjaro Energy, commented, "As we move forward, we are confident that this alliance will not only enhance our capabilities but also position the UAE as a leader in the global energy landscape. We look forward to the positive outcomes this partnership will bring and are excited about the future prospects it holds for all stakeholders involved."

Wanfei Qu, Skyworth Group CMO and Skyworth Solar CEO, said, "The most amazing thing we've seen is the determination shown and action taken of this country and their family businesses in the new energy transformation. We are grateful to have contributed to the development of green energy in the UAE and MENA region, especially working together with Dubai Chambers and KME."