IAN, the renewable energy arm of UAE-based AG Holding, has entered into a strategic distribution agreement with Chinaโs DMEGC Solar , marking the companyโs first official entry into the GCC market. The partnership aims to tap the GCCโs Dh24 billion (USD 6.53 billion) Solar PV market.
Under the agreement, IAN will serve as the exclusive distributor of DMEGC Solarโs high-efficiency panels across the UAE and other Gulf countries, operating from its Dubai hub. The collaboration strengthens IANโs renewable energy trading portfolio, which already includes several global solar brands.
Leadership Statements
โWe are proud to welcome DMEGC Solar into our portfolio and to represent them exclusively in the GCC,โ said Abdulrahman Al Baidhaei, Chairman of AG Holding. โThis partnership reflects our commitment to accelerating clean energy adoption and providing industry-leading technologies to our clients.โ
Leon Lu, General Manager of Global Sales at DMEGC Solar, added, โOur collaboration with IAN marks an important milestone as we enter the GCC market for the first time. IANโs strong presence and expertise in the regional renewable energy sector make them a perfect partner for our expansion.โ
DMEGC Solar is a leading global manufacturer of high-efficiency solar panels, recognized as a Bloomberg Tier 1 PV module manufacturer and ranked among PVTECHโs Top 10 module suppliers. The company provides residential, commercial, and utility-scale photovoltaic solutions worldwide.
Market Outlook
The UAE continues to invest heavily in solar energy as part of its National Energy Strategy 2030, with a Dh198 billion (USD 54 billion) budget. Notable initiatives include the Mohammed bin Rashid Al Maktoum Solar Park, targeting 5,000 MW by 2030 with Dh50 billion (USD 13.6 billion) in investment, and Masdarโs 5 GW solar-battery projects worth Dh22 billion (USD 6 billion).
The agreement positions both companies to accelerate the adoption of renewable energy and sustainable technologies across the Gulf region.
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