UAE’s Ryse Energy acquires US-based Primus Wind Power: Abu Dhabi-based decentralized renewable energy solutions company Ryse Energy has acquired US portable wind turbine manufacturer Primus Wind Power, Trade Arabia reports. The financials of the agreement were not disclosed.

The details: The acquisition should enable Ryse Energy to expand in North America and manufacture its own wind energy systems in the US as well as continue production of Primus Wind Power’s flagship Air turbine products in the country, the news outlet notes.

Prime Wind Power’s offerings: With over 185k wind turbines installed since 1995, Primus has a range of portable wind turbine offerings, including the Air Silent X, which is designed for marine environments; the Air 30 turbine, which generates 30 KWh of clean power per turbine on a monthly basis and is manufactured to withstand high wind environments; the Air 40, which the company describes as the world’s most popular small windmill; and the Air Breeze turbine, which generates 40 KWh of power monthly and is built for coastal and desert environments.

Not the first time Ryse invests overseas: Back in October, the company and Yeo signed anagreement to set up a UK-based JV to provide renewable energy battery storage solutions in the UK for wind, solar and micro-hydro projects.

About Ryse: Based in the UAE’s Masdar city, Ryse raised USD 15 mn in a single growth funding round led by RWE Energy Transition Investments last April. The company is a leading manufacturer of high-performance small wind turbine technologies globally. It offers several renewable energy systems — including solar and energy storage — which can be used as standalone technologies, grid-connected, off-grid with energy storage or hybridized technologies. It operates in various sectors, including decarbonizing infrastructure in telecoms and oil and gas networks, marine agriculture applications and providing renewable energy access for rural communities. The company has so far installed 4k wind turbines across all seven continents, it notes on its website.

Tags: