AEPCo announces partnership with elementsix for net-zero action
DUBAI, UAE / KUWAIT CITY, Kuwait, 11 September 2025: Alternative Energy Projects (AEPCo), a renewable energy developer with a 650 MW portfolio across more than 20 installations in the MENA region, and Dubai-based carbon and ESG advisory firm, elementsix, announced a partnership to accelerate corporate decarbonisation in the Gulf and wider MENA region. Making the announcement through a Press Release, AEPCo said an integrated solution, formulated through the partnership, enables companies to measure their carbon footprint, define reduction strategies and deploy actionable clean energy solutions under one umbrella.
AEPCo said that with Kuwait’s Capital Markets Authority and the UAE’s Federal Decree – Law No. 11 set to introduce binding corporate climate disclosure rules within the next 12-18 months, many Gulf companies face a complex and fragmented path to compliance. According to AEPCo, the urgency is amplified by the Gulf’s accelerating clean energy transition: GCC region countries are on track to deploy 40 GW of utility-scale solar capacity by 2030, according to the International Renewable Energy Agency (IRENA), and the broader MENA region is expected to add 62 GW over the next five years, with solar comprising more than 85% of that growth.
The AEPCo-elementsix solution fills this critical gap by combining elementsix’s expertise in carbon accounting and ESG strategy with AEPCo’s project development, execution and financing strength, the company said. Together, AEPCo said, the two companies will deliver high-impact solutions, from solar farms to wind energy deployment, and from energy efficiency upgrades to emissions tracking.
Dr Raed B’kayrat, Chief Development Officer, AEPCo, said: “We’re empowering corporate leaders to publicly commit to net-zero strategies, backed by tangible, bottom-line benefits. Beyond emissions cuts, our projects catalyse job creation and economic transformation across sectors.”
AEPCo said the partnership offers full-cycle carbon footprint analysis and reduction planning, the development of clean energy assets tailored to corporate targets, access to global carbon markets and to renewable energy certificates, and strategic ESG alignment for investor confidence and regulatory readiness.
Amer Arafat, Co-Founder, elementsix, said: “Voluntary climate action is no longer optional in the Gulf. Companies that lead today will secure tomorrow’s market share, investor confidence and policy advantages.”
The company said its regional footprint across oil & gas, finance, real estate and heavy industry gives elementsix immediate access to high-impact emissions sources. This positions the model to deliver scalable climate solutions in record time.
Dahlia Haleem, Co-Founder, elementsix, said: “The Gulf is setting the global standard for sustainability integration. Our partnership turns this vision into competitive advantage and resilience.”
AEPCo said the solution is now live across its markets, giving early movers access to prime renewable energy resources, favourable financing and strategic positioning in a rapidly evolving policy environment.