In a significant move towards a sustainable future, MediSun Energy and MOAJ Holding have joined forces to establish MediSun Arabia, a joint venture dedicated to addressing the pressing challenges of energy and water scarcity in Saudi Arabia. This strategic partnership marks a pivotal moment in the region’s transition towards a cleaner, more sustainable future.
At the heart of this collaboration lies a USD 30 million investment by MOAJ Holding to establish a cutting-edge manufacturing facility in Saudi Arabia. This facility will serve as a hub for the production of MediSun’s WEGen stacks, a crucial component in renewable energy projects. The WEGen technology harnesses Reverse Electrodialysis (RED) to efficiently convert saltwater into electricity, providing a clean and sustainable energy source.
Beyond the manufacturing hub, the joint venture will also drive the development of a comprehensive Saudi Brine Management Program. This ambitious initiative, undertaken in collaboration with a leading academic institution specializing in desalination research, aims to tackle the environmental challenges associated with desalination brine. By developing innovative treatment technologies, the program will contribute to Saudi Arabia’s sustainability goals and mitigate the environmental impact of desalination processes.
This partnership aligns perfectly with Saudi Vision 2030, the nation’s ambitious plan to diversify its economy and achieve environmental sustainability. The establishment of the manufacturing facility will not only boost local industrial capabilities but also play a crucial role in Saudi Arabia’s transition towards a cleaner energy future.
Dusun Kim, CEO of MediSun Energy, expressed his enthusiasm for this joint venture, stating, “This joint venture marks a significant milestone for MediSun Energy as we expand operations in Saudi Arabia. Our WEGen technology, which harnesses Reverse Electrodialysis (RED) to efficiently convert saltwater into electricity, will play a key role in advancing Saudi Arabia’s sustainability targets by generating clean energy and reducing consumption. With MOAJ as our partner in the GCC, we look forward to a long-term partnership that drives meaningful impact.”
HE Mohammed N. Al Jasser, Founder of MOAJ Holding, echoed this sentiment, adding, “We are excited to partner with MediSun Energy in this transformative joint venture. Our shared vision for advancing sustainable energy and water management in Saudi Arabia highlights the significance of this collaboration. MediSun’s WEGen technology, which enhances energy efficiency while producing clean power, is aligned with the region’s sustainability goals. Together, we are dedicated to delivering these innovative solutions to the broader Middle East market.”
With this joint venture, both MOAJ and MediSun are positioning themselves as key players in addressing the region’s water and energy challenges, contributing to the realization of Saudi Arabia’s Vision 2030 for a sustainable future. The partnership marks a significant step forward in the development of innovative and sustainable solutions for a cleaner, more resilient future.
