01 January 2024

Schneider Electric, a global leader in the digital transformation of energy management and automation, has signed an agreement with Volts, a technology company within Masdar City, to set up a giga industrial facility for production of battery energy storage systems (BESS) in Abu Dhabi.

Founded in 2019 by entrepreneurial engineers – Aleksandr Kiianitsa, Artem Denisov, Vitalii Mlynchik, Vladimir Mlynchik – Volts has established itself as the inaugural manufacturer of energy storage devices in the Middle East.

The MoU was signed on the sidelines of the recent COP28 in Dubai. Under the agreement, Schneider Electric and Volts will explore areas of collaboration and opportunity on technological, consulting, and automation services for the project that is intended to serve the production of industrial and home energy storage systems and battery cells, thus marking a significant milestone in the region’s sustainable energy landscape.

Ahmed Khashan, President of Gulf Countries, at Schneider Electric, said: “Through this collaboration, Schneider Electric reaffirms its commitment to innovation and industry leadership. This agreement aligns with our mission to be the partner of choice for sustainability, digitisation and decarbonisation.”

 “With this collaboration, we are steps closer to achieving the transformative changes in the UAE’s industrial sector and fostering sustainability, innovation, and resilience in line with UAE’s clean energy goals and initiatives, including electrifying mobility,” he stated. 

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