ACWA Power and Bapco Energies announced a Joint Development Agreement (JDA) for the development of a solar power plant integrated with large scale battery energy storage technology, in the Eastern Province of the Kingdom of Saudi Arabia.
Under the terms of the agreement, the two parties committed to jointly developing a solar power plant with a projected generation capacity of up to 2.8 gigawatts over several phases. All the electricity generated will be transmitted to the load center of Bapco Energies in Kingdom of Bahrain, supporting Bahrain’s national energy needs and accelerating the Kingdom’s transition to renewable energy sources. This project will reinforce the Kingdom’s leadership in the energy sector by becoming an energy export hub, and by supporting other countries in achieving their emissions-reduction targets.
"This joint agreement with Bapco Energies is a testament to the strong bilateral ties between Saudi Arabia and Bahrain and our shared commitment to a sustainable and secure energy future. The project aligns not only with Vision 2030 but also with Bahrain’s Economic Vision 2030 and its national ambitions to expand clean energy and accelerate its net-zero pathway. We take this opportunity to extend our sincere appreciation to the Ministry of Energy in Saudi Arabia for its continued guidance. ACWA Power is proud to help advance a project that strengthens regional energy security and accelerates the shift to renewable power."
Mr. Mark ThomasGroup CEO, Bapco Energies
The project forms part of Bapco Energies’ commitment to the Bahrain National Energy Strategy, focusing on improving energy demand efficiency, diversifying the national energy mix including renewables and ensuring secure and competitive access to energy. By supporting cross-border clean energy flow, this JDA serves as another building block in strengthening energy partnerships across the GCC.
