Siemens partners with Desert Technologies to develop solar projects 

Capton Energy is a joint venture (JV) between Siemens and Desert Technologies, a Saudi Arabian solar energy provider. Siemens Financial Services (SFS) and Desert Technologies will jointly own Capton. The JV will be based in Dubai, United Arab Emirates, and will invest in solar and smart infrastructure development in the Middle East, Africa, and Asia. Capton Energy aims to support projects with a total capacity of more than 1 GW that would bring sustainable energy to underserved markets.  

Read More