VivoPower Subsidiary Signs $85M Definitive Distribution Agreement with Green Watt in Saudi Arabia
04/11/25, 5:46 PM
Location
londonMoney
$85 million
Industry
solar
renewable energy
energy
Type
agreement
VivoPower International PLC announced an agreement through its subsidiary Tembo e-LV with Green Watt, worth up to an estimated US $85 million, to sell and distribute 1,600 Tembo electric utility vehicle units across the Kingdom of Saudi Arabia over the next five years. This represents Tembo's first deal in the fast-growing Saudi Arabian market.