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VivoPower Subsidiary Signs $85M Definitive Distribution Agreement with Green Watt in Saudi Arabia
Apr 11, 2025•about 1 year ago
Contract Type
agreement
LondonEnergyRenewable EnergySolar
Description
VivoPower International PLC announced an agreement through its subsidiary Tembo e-LV with Green Watt, worth up to an estimated US $85 million, to sell and distribute 1,600 Tembo electric utility vehicle units across the Kingdom of Saudi Arabia over the next five years. This represents Tembo's first deal in the fast-growing Saudi Arabian market.
Company Information
Company
VivoPower PLC
Location
London, England, United Kingdom
About
VivoPower is a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications. The company focuses on creating sustainable energy solutions, particularly in the digital infrastructure domain. VivoPower aims to optimize its assets for maximum efficiency and profitability. Its commitment to renewable energy positions it as a leader in environmentally-friendly tech solutions.
LondonEnergyRenewable EnergySolar