Enviromena, a leading global player in the clean energy technology sector, has appointed Mark Lemmon as its new chairman.
The company is widely recognised as an early mover in high-growth MENA solar market expansion and is now setting its sights on international growth opportunities as well. The appointment of Mark as chairman forms a key piece of the foundation required to execute the company’s international growth plans.
Mark joins with considerable international experience in infrastructure and energy finance, having previously served as the chief executive of, and then executive vice chairman of, the MENA Infrastructure Fund (GP) Limited.
Mark has a proven track record of developing businesses, as well as winning and executing financing mandates across power, water and energy, transportation, and social infrastructure sectors throughout the MENA region and abroad.
Commenting on why he chose to join Enviromena, Mark said: “I have a great appreciation for the skill and track record that’s been created by Enviromena over the years, particularly in utility-scale EPC contracts and in the commercial and industrial rooftop sector in Dubai. Most importantly, the company is a regional leader in health and safety practices in these sectors, quite a unique challenge in the MENA region, and that matters a lot to me. There’s a real fit between my high standards and the company’s standards when it comes to health and safety.”
Mark says Enviromena is in a strong position to take advantage of current international growth opportunities in the renewable energy space. “It’s well-placed because of its longstanding reputation and credentials in the market and subsequently it’s developed a great team full of talent over that time. Good people are so important and Enviromena has an enviable team of highly-skilled staff. It also has a great network of suppliers, partners, customers and potential customers that will all help to facilitate the company’s plans for expansion.”
He adds that Enviromena’s relationships with suppliers – and manufacturers in particular – will play an important part in its international expansion plans. “The market leaders that will succeed most internationally will be those with the deepest understanding of what can be done with the latest technology and those who have the best, and closest, relationships with the top-tier equipment suppliers. Enviromena is second to none on both accounts and that means it’s in a strong position to replicate the success it’s had in the MENA region across other parts of the world.”
Enviromena has a large footprint of clean energy projects in the MENA region, where solar represents a $20 billion industry. The company has completed more than 178MWp of solar projects to date in MENA and has over 500MWp of projects under construction.
Some of the company’s iconic and flagship completed projects are the Sheikh Zayed Solar Power Complex 103MW Solar PV Plant in Jordan, the SIWA Solar PV Plant in Egypt and a rooftop installation at Dubai’s famous World Trade Center, amongst many others.
Now, the company is also setting its sights on clean energy projects in Europe and says that while some may consider this a mature market, there are worthwhile new opportunities to be had. Mark says: “We know that countries such as Germany, Spain, Italy, and the UK have been pushing their renewable agendas for some years but there are definitely opportunities there. Who else is better placed to take advantage of them than a company that’s leading the way by installing the latest solar technology in the challenging Middle East and North African markets?”
Mark will play a key role in Enviromena’s international expansion plans alongside its owner, British-based private equity firm Arjun Infrastructure Partners (AIP).