Kevin Arthur, co-founder and ceo of Oxford Photovoltaics, is currently joining climate change minister Greg Barker in a solar trade mission to Riyadh, Saudi Arabia, which is occurring today and tomorrow (11-12 November).
The UK trade mission will include a programme put together by the Department for Energy & Climate Change, UK Trade and Investment and the British Embassy to explore opportunities for UK firms to access the Saudi market, estimated to reach some $100 billion.
Kevin Arthur said: “For Oxford PV, this UK trade mission will give us the chance to make high level contacts as we explore opportunities for future collaboration in adopting our technology into large scale buildings in Saudi Arabia. It will also allow us to assess what appetite exists for Saudi investors to join in with future funding rounds in our company.”
Greg Barker added: “This is a very exciting mission. The UK solar sector is a honeypot of innovation and potential, and with Saudi Arabia set to spend a staggering 100 billion dollars on solar, UK firms are natural partners for them, with a huge amount to offer, especially at the added value end of the market.”
Oxford PV has exclusively licensed and is developing a photovoltaic technology that can be readily incorporated into glass building facades.