Aqaba Photovoltaic Industries
| Trading name | API |
|---|---|
| Native name | Βιομηχανίες Φωτοβολταϊκών Ακάμπα |
| Type | Public-private partnership |
| Traded as | API |
| Industry | Renewable energy |
| Predecessor(s) | Aqaba Power Station Solar Division |
| Founded | 1688 AN |
| Headquarters | Aqaba, Constancia |
| Number of locations | 12 solar farms, 3 manufacturing facilities |
| Area served |
 ConstanciaRaspur Pact nations |
| Key people |
Dimitrios Kallikrates (Chairman) Sarah Gertrude (CEO) |
| Products | Solar panels, photovoltaic systems, solar inverters |
| Production output | 850 MW annual capacity (1748 AN) |
| Services | Solar farm operation, maintenance, installation |
| Revenue | C$2.4 billion (1747 AN) |
| Operating income | C$485 million (1747 AN) |
| Net income | C$312 million (1747 AN) |
| Total assets | C$8.7 billion (1747 AN) |
| Total equity | C$3.2 billion (1747 AN) |
| Owner(s) |
Imperial Government (40%) ESB Group (35%) MilMat Commodities (15%) Public shareholders (10%) |
| Employees | 4,200 (1748 AN) |
| Divisions |
Manufacturing Division Operations Division Research & Development |
Aqaba Photovoltaic Industries (API) is a major solar panel manufacturer and desert solar farm operator in Constancia, established in 1688 AN as a public-private partnership between the imperial government of Constancia (40%), ESB Group (35%), MilMat Commodities (15%), and public shareholders (10%). The company operates in a competitive renewable energy sector dominated by ESB Solar, the nation's largest solar energy company.
Headquartered in Aqaba, API emerged from the former solar division of the Aqaba Power Station as part of the Imperial Government's energy diversification strategy following the Second Euran War. The company operates twelve major solar farms across the arid interior of central Eura, taking advantage of the region's abundant sunlight and vast desert expanses, with a combined generation capacity exceeding 850 megawatts as of 1748 AN.
The company manufactures photovoltaic panels at three facilities in Aqaba, Nivardom, and Petropolis, utilizing advanced production techniques licensed through its partnership with ESB Group and raw materials sourced via MilMat Commodities' extensive supply chains. API's vertical integration strategy encompasses the entire solar value chain from polysilicon processing to panel installation and maintenance services. While smaller than ESB Solar in terms of market share and production capacity, API has established itself as a significant player in the Constancian renewable energy market, particularly in the desert solar farm segment where it competes with several other national and regional operators.
