Alternative Energy Projects Co. (AEPCo), a leading renewable energy developer with a 650 MW portfolio spanning more than 20 installations across the MENA region, has partnered with Dubai-based carbon and ESG advisory firm elementsix in a landmark collaboration aimed at accelerating corporate decarbonization in the Gulf and wider MENA region.
This integrated solution enables companies to measure their carbon footprint, define reduction strategies, and deploy actionable clean energy solutions under one umbrella.
With Kuwait’s Capital Markets Authority and the UAE’s Federal Decree-Law No. 11 introducing binding corporate climate disclosure rules within the next 12–18 months, many Gulf companies face a complex and fragmented path to compliance.
The urgency is amplified by the Gulf’s accelerating clean energy transition. GCC 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 percent of that growth1.
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. Together, they deliver high-impact solutions, from solar farms and wind energy deployment to energy efficiency upgrades and emissions tracking.
Dr. Raed B’kayrat Chief Development Officer AEPCo
“We’re empowering corporate leaders to publicly commit to net zero strategies backed by tangible, bottom-line benefits. Beyond emissions cuts, our projects catalyze job creation and economic transformation across sectors.”
Amer Arafat, Co-Founder of elementsix, stressed that voluntary climate action is now essential in the Gulf, noting that companies that take the lead today will gain future market share, investor confidence, and policy advantages.
Dahlia Haleem, another Co-Founder of elementsix, highlighted that the Gulf is establishing itself as a global leader in sustainability integration, with the company’s partnership transforming this vision into a source of competitive advantage and long-term resilience.
The partnership provides:
Full-cycle carbon footprint analysis and reduction planning
Development of clean energy assets tailored to corporate targets
Access to global carbon markets and renewable energy certificates
Strategic ESG alignment for investor confidence and regulatory readiness
AEPCo’s diverse presence across key sectors gives elementsix direct access to major emission sources, enabling rapid, scalable climate solutions. Now live across AEPCo markets, the model offers early adopters priority access to renewables, attractive financing, and strong positioning in a fast-changing policy landscape.
