US start-up SolarSpace to bring critical clean-energy expertise to UAE under Ministry of Economy's NextGen FDI Program
Oct 31, 2023
Abu Dhabi [UAE], October 31: The Ministry of Economy has announced that SolarSpace, a US-based startup specialising in solar energy generation technology, has joined its NextGen FDI programme and plans to establish regional headquarters in the UAE capital, Abu Dhabi. Founded in Tuscon, Arizona in 2020 by David Vili, the company specializes in off-grid concentrated solar power (CSP), which is able to generate three times the energy of conventional photovoltaic panel systems utilizing only a fifth of the land area.