Aiko Energy and Veers Group have formed a joint venture to accelerate South Africa’s renewable energy transformation. This partnership aims to transform the country’s solar sector by combining Aiko’s cutting-edge N-Type ABC solar modules with Veers Group’s local expertise.
The venture, named Aiko Energy SA, is committed to local content, black economic empowerment, and sustainable growth.
Under the leadership of Muneeb Gambeno as Managing Director and Majdi Galvaan as CFO, the company will focus on making high-efficiency solar technology accessible across utility-scale, commercial, industrial, and residential sectors, while prioritizing the upliftment of local communities.
“Our organisation has always prioritised innovation and sustainability. Given Aiko’s stellar reputation and aligned values, we look forward to an exciting journey that will be beneficial for all stakeholders,” said Hashveer Singh, CEO of Veers Group.
Leveraging our extensive local experience and resources, we are excited to bring Aiko’s most efficient solar products to the South African market. This partnership will provide utility projects with revolutionary efficiency upgrades, setting a new standard for performance and sustainability in the region.”
Veers Group is a proudly South African, black-owned, and operated company with an outstanding track record in the energy sector.
The energy group has demonstrated its capabilities through active participation in private procurement, battery supply, and solar supply, continually expanding its operations. The group possesses expertise in servicing the renewable-energy industry across all stages, from development to sustainability.
Veers Group’s holistic approach ensures that every project not only meets industry standards but also contributes to the nation’s transition to renewable energy.
“We are delighted to partner with Veers Group, whose deep local expertise perfectly complements our cutting-edge technology,” said Meimei Yu President of MEA Sales Aiko Solar.
“By combining global innovation with local knowledge, we are confident that 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 that will make a lasting impact on South Africa’s renewable-energy landscape.”
With over 120 GW of solar cell output, Aiko Energy is a leading energy company specializing in the R&D and manufacturing of solar generation products and PV-Storage-Charging integrated solutions. Aiko provides customers with high-efficiency solar cells, ABC modules, and scenario-based packaged solutions. Driven by the mission of “empowering transformation towards a carbon-free era” Aiko continues to pursue extreme innovation and cutting-edge technology.
