Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | Middle East Edition
Facebook Twitter LinkedIn
Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
Home » Hong Kong’s Unity Group Partners with UAE Firm for Green Tech Ventures
Solar News

Hong Kong’s Unity Group Partners with UAE Firm for Green Tech Ventures

Saur News DeskBy Saur News DeskSeptember 28, 2023Updated:September 28, 2023No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Green Tech Ventures
Hong Kong’s Unity Group Partners with UAE Firm for Green Tech Ventures
Share
Facebook Twitter LinkedIn Pinterest Email

Hong Kong’s Unity Group, a green energy services firm, has launched a joint venture with an Abu Dhabi-based firm Lead International Investment, to optimise energy efficiency in 700 commercial and residential buildings in Abu Dhabi.

Lead is a holding subsidiary of investment company Ethmar International Holding (EIH), an Abu Dhabi based investment company chaired by UAE politician and royal Sheikh Hamdan bin Mohammed bin Zayed al Nahyan, who is a son of the late Sheikh Zayed bin Sultan al Nahyan, Founder of the UAE.

Unity Group also has plans to expand across the UAE and the Middle East, the firms said. It is reported that the deal comes seven months after a whirlwind Middle East visit by Hong Kong’s Chief Executive John Lee Ka-chiu in February to solicit investments in Hong Kong.

“The Hong Kong government and its promotion of the city in the United Arab Emirates definitely helped,” said Mansfield Wong, Chairman of Unity Group, at the signing of a Memorandum of Understanding (MoU) in Hong Kong recently.

According to Wong, Unity’s customised solutions will reduce energy costs by up to US$35,000 per month per building. The venture will also look after   procuring and leasing private-label solar equipment to cater to rising demand in the UAE. Both parties will focus on expanding in the UAE, but are also considering scaling operations throughout the Middle East and North Africa region.

“We have a vision,” said Moustafa Rashad, CEO of the energy division of EIH. “We are here to complement our country’s vision regarding the 2030 Sustainable Energy [goal] and to reduce carbon emissions.”

Ethmar International Holding Green Tech Ventures Unity Group
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Saur News Desk
  • Website

Related Posts

40-MW Solar Project in Philippines on The Go

May 13, 2025

Now Get Up to 25% More Efficient Modules for Rooftop Solar

May 12, 2025

Solar Power Planned for Schools and Hospitals in Indonesia

May 9, 2025

Leave A Reply Cancel Reply

four + seventeen =

Latest News

New Wind Farm Project Begins in South Korea

May 14, 2025

40-MW Solar Project in Philippines on The Go

May 13, 2025

Now Get Up to 25% More Efficient Modules for Rooftop Solar

May 12, 2025

Solar Power Planned for Schools and Hospitals in Indonesia

May 9, 2025
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • New Wind Farm Project Begins in South Korea
  • 40-MW Solar Project in Philippines on The Go
  • Now Get Up to 25% More Efficient Modules for Rooftop Solar
  • Solar Power Planned for Schools and Hospitals in Indonesia
  • ADB Teams Up with Global Insurers to Back RE Projects in Asia
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    © 2025 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.