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news20.3.20241 min read

KSA IKTIFAA-ENERGY Becomes Strategic Partner

Eng2Move sets solid foot print in KSA together with Iktifaa-Energy

@ Regensburg, Germany | Jeddah, Kingdom of Saudi Arabia
By Erich L.F. Jiang

Eng2Move has solidified its strategic entry into the Middle Eastern market by signing an MOU with Germany's i.contest. This partnership, formalized in Regensburg, has led to the mutual founding of a new company, Iktifaa Energy, based in the Kingdom of Saudi Arabia.

Through Iktifaa, the alliance will introduce advanced energy storage systems, microgrid solutions, and fast-charging station technology to the region. This initiative was further advanced during a recent AHK business trip to Saudi Arabia. The delegation facilitated high-level discussions with key local companies, notably engaging with Alkohrayef to explore concrete opportunities for deploying fast EV chargers and innovative irrigation systems, leveraging this new technological synergy.

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Middle-EastMicrogridStrategic Partner