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, digitization and decarbonisation.”

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

Vladimir Mlynchik, Founder of Volts UAE, commented: “Collaborating with Schneider Electric is a pivotal step forward for Volts UAE. This collaboration signifies a shared commitment to shaping a sustainable energy future in the UAE. Together, we are focused on producing Energy Storage Systems that will power homes and electric vehicles, contributing to a cleaner and more efficient energy landscape”.

Osama Amir Fadhel, Assistant Undersecretary for the Industrial Accelerators Sector, UAE Ministry of Industry and Advanced Technology, commented: “The UAE is emerging as a hub for advanced manufacturing, innovation and green energy. This MoU signifies how the country provides an ideal environment for investors and major international corporations to set up alongside local industries under a single vision to accelerate sustainable industrial and technological development. This is in line with both Make it in the Emirates and the UAE Net Zero by 2050 strategic initiative.”

Volts, a Masdar based company founded in 2019 by entrepreneurial engineers, establishes itself as the inaugural manufacturer of energy storage devices in the Middle East.

The MoU signing took place on the Schneider Electric showcase at the Technology and Innovation hub of the Green Zone at COP28, representatives of both companies attended the signing.

About Schneider Electric 

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.