SunMoney Solar Group Wins Prestigious MESIA Solar Award
Dubai, United Arab Emirates – 30th January, 2025
SunMoney Solar Group, a pioneer in renewable energy and sustainable innovation, is proud to announce its recognition at the 2025 Middle East Solar Industry Association (MESIA) Solar Awards. The group was honoured in the Best MENA-Based Overseas Performer category, a prestigious accolade that highlights its outstanding contributions to advancing renewable energy initiatives beyond the MENA region.
MESIA, the premier solar industry association in the Middle East, is renowned for championing renewable energy and recognizing excellence in solar innovation. This year’s jury comprised a distinguished panel of renewable energy experts, policymakers, and industry leaders from across the region. Their rigorous evaluation process emphasized innovation, impact, and long-term sustainability, making this recognition a significant milestone for SunMoney Solar Group.
SunMoney Solar Group operates across three primary verticals, each contributing uniquely to the global renewable energy landscape:
- Community Solar Power Programme: With over 50,000 members across 60+ countries, this initiative enables individuals to invest in and profit from solar power without the need to own physical assets. Participants benefit from steady financial returns while supporting a sustainable future.
- SDBN Tokenized Renewable Energy Assets: SunMoney introduced its renewable asset backed tokenized investment model, the SDBN, in 2022, combining blockchain technology with real-world renewable energy infrastructure. Today, the SDBN1 SDBN2 and SDBN3 tokens provide secure, transparent, and scalable investment opportunities for stakeholders worldwide.
- Resun Zero-Emission Tire Recycling: This innovative solution addresses the environmental challenges posed by tire waste. With a chemical-free, energy-efficient process, Resun converts used tires into valuable raw materials without any harmful emissions.
Together, these projects exemplify SunMoney’s commitment to sustainability, financial inclusivity, and technological advancement.
SunMoney Solar Group’s success at MESIA can be attributed to its unique ability to merge sustainability with financial accessibility. The Community Solar Power Programme has empowered thousands of small investors to engage in renewable energy projects, while the SDBN tokens have introduced a revolutionary approach to energy asset management. Additionally, the Resun tire recycling initiative has set new industry benchmarks for circular economy practices. The award jury recognized SunMoney’s innovative integration of blockchain technology, its vast social impact, and its unwavering dedication to reducing carbon emissions through scalable, accessible solutions.
SunMoney’s Vision for Sustainability
Accepting the award, a Pedro Cardoso from SunMoney Solar Group shared, “We are incredibly grateful to MESIA for this recognition. It inspires us to continue driving innovation and expanding access to renewable energy solutions. Our mission is to make sustainability not just a vision but a tangible reality for communities worldwide.”
The group’s initiatives align with MESIA’s goal of fostering renewable energy growth and innovation. SunMoney’s projects bridge gaps between technology, community engagement, and environmental stewardship, making it a deserving recipient of this honor.
As part of its ongoing commitment to scaling its operations in the MENA region, SunMoney Solar Group is pleased to introduce Pedro Cardoso as its new Executive Director, based in Dubai. With extensive experience in strategic business development, operations, and leadership, Pedro brings a strong background in driving growth and operational efficiency in the renewable energy sector.
Before joining SunMoney, Pedro held key roles in various multinational companies, focusing on operational management, business transformation, and market expansion. His expertise spans across emerging markets, making him an ideal fit to lead SunMoney’s regional strategy and partnerships. Pedro is committed to advancing the adoption of solar energy and sustainable solutions in the MENA region, ensuring that SunMoney continues to innovate and expand its impact in the renewable energy sector.
