Rana Group and Nippon Energy Group sign strategic partnership for a 550MW renewable energy and sustainable mobility cluster

Rana Group and Nippon Energy Group sign strategic partnership for a 550MW renewable energy and sustainable mobility cluster Dubai- 26-08-2026 — Rana Group, together with its sister concern Erisha E Mobility Private Limited, today signed a strategic partnership agreement with Nippon Energy Group to jointly develop a state-of-the-art Sustainable Free Zone and next-generation Renewable Energy E-Cluster. The agreement was signed by the Chairman of Rana Group, Dr. Darshan Singh Rana, and the Chairman of Nippon Energy Group, Michiteke Yamamoto, at a signing ceremony held at the office of Rana Group in Dubai. The partnership combines 500MW of utility-scale solar generation with 50MW of building-integrated photovoltaics (BIPV), anchoring a cluster that brings together six connected capabilities under a single development: - Solar and BIPV generation - Battery energy storage systems (BESS) - Advanced manufacturing - Electric two- and four-wheeler production - Hydrogen mobility - EV charging and smart energy infrastructure Rather than a single generation asset, the two groups describe the cluster as an integrated ecosystem — pairing renewable power generation with the manufacturing and mobility platforms that consume it, inside one free-zone development. A shared platform for energy and mobility The agreement brings together Nippon Energy Group's generation and storage expertise with Rana Group's operating track record in electric mobility through Erisha E Mobility, and its broader experience developing large-scale industrial free zones. Under the partnership, solar and BIPV capacity is intended to supply the cluster's own manufacturing and charging demand directly, with electric two-wheelers, electric cars, and hydrogen mobility platforms drawing power from generation sited within the same development. Dr. Darshan Singh Rana, Chairman, Rana Group Said

"This partnership brings together two things that are usually developed apart: the power and the platforms that use it. Building 500 megawatts of solar and 50 megawatts of BIPV alongside our own EV, hydrogen mobility and charging infrastructure means the energy this cluster generates has a customer on day one, inside the same fence. That is the model we have built at Erisha Smart Manufacturing Hub and it is the model we are bringing to this partnership with Nippon Energy."

The signing ceremony marks the formal commencement of the partnership. Definitive project agreements, site selection, phasing, and financial close are expected to follow in subsequent stages. Further details — including project location, investment value, and delivery timeline — will be announced as they are finalised.

About Rana Group

Rana Group is a diversified industrial group founded in 2008, active in agricultural machinery, electric mobility, green hydrogen, space technology, aerospace and defence, and large-scale industrial and free-zone development. Its electric mobility subsidiary, Erisha E Mobility Private Limited, manufactures electric two-wheelers, three-wheelers, and light commercial vehicles. Rana Holdings Limited, the group's international holding vehicle registered in ADGM, Abu Dhabi, leads the group's overseas development programmes.

About Nippon Energy Group

Nippon Energy is a Japanese renewable energy manufacturer founded in 1996 in Tokyo. The company produces high-efficiency HJT solar panels, AI-hybrid inverters, and battery storage systems. Operating across twelve countries, including a massive 1 GW technology hub in the UAE, they have deployed over 1,800 MW of clean energy globally.