Phanes Group

Electrifying new markets for a sustainable future

General Information
Company Name
Phanes Group
Founded Year
2012
Location (Offices)
United Arab Emirates +1
Founders / Decision Makers
Number of Employees
14
Industries
Finance, Manufacturing, Renewable Energy +1
Funding Stage
-
Social Media

Phanes Group - Company Profile

Phanes Group is an end-to-end solar provider based in Dubai, United Arab Emirates, and operating across Africa, the Middle East, Central Asia, and the Commonwealth of Independent States (CIS). The company takes a holistic approach to solar, uniting the competencies and expertise necessary to oversee and deliver the entire solar project value chain, from project selection and development to construction and financing, to asset management and monetization. This integrated approach enables them to unlock value throughout the process. With accomplishments like delivering the Middle East’s largest distributed solar project (the DP World Solar Power Programme) and Phase I of the largest solar project in the Caribbean (Monte Plata), Phanes Group has proven its capabilities in the renewable energy sector. Founded in 2012, the company has made significant contributions to global clean power, with over 70 MW delivered to date and a further 2.5 GW under development or at the planning stage globally. Notably, it has a dedicated asset construction division, Oryx Solar System Solutions LLC, which delivers Phanes Group’s projects and offers Operations & Maintenance (O&M) services. Additionally, Phanes Group has set its sights on substantial future developments, with a 47 MW project in Malawi nearing financial close and the commencement of development on a pipeline of 400 MW across three countries in Central Asia. The company's presence extends beyond its base in Dubai, with satellite offices in Nigeria and Kazakhstan, reflecting its commitment to operating in diverse markets. With a focus on finance, manufacturing, renewable energy, and construction, Phanes Group demonstrates a comprehensive approach to making a sustainable impact in the regions it serves.

Taxonomy: Solar Energy, Sustainable Development, Project Development, Capital Investment, Solar Construction, Solar Financing, Operations & Maintenance, Emerging Markets, Energy Infrastructure, Utility-scale Solar, Project Finance, Clean Energy Solutions

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