Pre-Sale of 35% of Initial 8 MW UAE Capacity

Summary by AI BETAClose X

Active Energy Group has pre-sold approximately 35% of its initial 8 MW capacity at its first UAE project site. The company anticipates fully contracting the site before the end of 2025. The 8 MW site is projected to generate around US$3.5 million in annual revenues, with an estimated 50% gross margin, resulting in approximately US$1.75 million of annual gross profit. These profits will be reinvested into subsequent phases, with a goal to achieve 100 MW of capacity within the next 12 months and a long-term ambition to deliver over 300 MW in the UAE. Construction of the initial 8 MW phase is scheduled to commence shortly, with operations targeted to begin before year-end.

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