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.
About MESIA and the Awards
The MESIA Solar Awards are widely regarded as the gold standard for recognizing excellence in the Middle East’s renewable energy sector. This annual event celebrates organizations and individuals who demonstrate exceptional leadership, innovation, and impact in advancing the solar industry.
The Best MENA-Based Overseas Performer category underscores MESIA’s commitment to highlighting regional organizations that make a global impact. It recognizes the unique challenges and opportunities faced by MENA-based firms working internationally, emphasizing their role in shaping the future of renewable energy.
Driving Forward with Purpose
This recognition reinforces SunMoney Solar Group’s dedication to innovation and environmental responsibility. The group’s award-winning Community Solar Power Programme allows small private investors to profit from solar energy projects, making renewable energy accessible to individuals worldwide. Its SDBN token system integrates blockchain technology to enhance transparency and scalability, while the Resun tire recycling technology converts waste into valuable raw materials with zero emissions.
SunMoney Solar Group remains committed to expanding its footprint in the MENA region and beyond, pushing the boundaries of sustainable innovation and addressing some of the world’s most pressing environmental challenges. With its strong focus on collaboration and community, the group is poised to lead the transition toward a greener, more equitable future.
About SunMoney Solar Group:
SunMoney Solar Group was established in the year 2013. SunMoney Solar Group is a group of international companies building, operating and acquiring solar power plants in Central Eastern Europe (CEE). SunMoney is headquartered in Dubai, UAE, has offices in Germany, Hungary and Singapore and partner offices in Asia and the Americas.
The group is running a global community solar power program with already 50 thousand clients from 60 countries. The community solar power program is bringing the solar investment opportunity for small private investors since 2013. The group also coordinated the construction of solar power plants for third parties and has expertise in trading too.
SunMoney launched a new investment opportunity, Project Summits in 2019, selling preference shares in solar power plants for private investors. The success of this project showed the group that there is a bigger opportunity which can involve mid and large investors. In 2022, SunMoney launched its own tokenization solutions with asset-backed cryptocurrency tokens. The future-conscious group currently has three tokens, namely, the SDBN1, SDBN2, and the SDBN3, with plans to venture into bringing more such investment opportunities to private investors in the future.