(MENAFN) Oman based Suhail Bahwan Group and Japan's Mitsubishi have invested in Altaeros Energies, a United States based Technology Company, in order to support the production of its floatable Airborne Turbine platform.
Both investors globally carry out deep strategic expertise in developing and executing large technology projects for industrial customers, while Altaeros brings a multi-purpose platform to supply power services to remote customers.
The Altaeros considerably helps reduce the use of diesel for remote nations by delivering a reliable power output from a containerized platform that is convenient to ship and install at isolated sites.
'There are over one billion people living without access to reliable electricity. We are honored to partner with these firms to deliver a product that can tackle this global challenge,' said CEO of Altaeros.
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