Shanghai Electric, Masdar and Mawarid Group join forces for clean energy

Yahoo

22-04-2025

Shanghai Electric has formalised agreements with Abu Dhabi Future Energy Company (Masdar) and Oman's Mawarid Group for major renewable energy projects across both Middle Eastern nations.
The partnerships will focus on advancing clean energy through technology deployment, localised manufacturing, and multi-sector collaboration.
The agreement with Masdar involves the development of a 2GW solar power project in Saudi Arabia.
In Oman, the agreement with Mawarid focuses on wind energy cooperation.
Saudi solar project, named Sadawi, marks Shanghai Electric's most extensive solar EPC venture to date. It will be developed in collaboration with Masdar.
The 40km² plant will produce more than six billion kilowatt-hours annually. It is expected to supply electricity to 700,000 homes and reduce emissions by three million tonnes.
The project employs modern photovoltaic systems to harness Saudi Arabia's solar potential. It forms a significant part of the country's national renewable strategy.
The Saudi initiative contributes to efforts aimed at reducing fossil fuel use. It also supports Shanghai Electric's expansion into solar markets in the region.
In Oman, the partnership includes wind turbine supply, technology exchange, and plans for a local production facility. The agreement promotes regional manufacturing and knowledge sharing.
The initiative seeks to utilise Oman's wind resources and stimulate the domestic industry. It is also intended to drive long-term development through energy diversification.
This wind energy project supports Oman's broader goal of shifting from conventional fuels to cleaner alternatives. It also enhances technological collaboration between China and Arab countries.
Shanghai Electric Group chairman Wu Lei said: 'This is a new starting point for Shanghai Electric and Masdar to carry out comprehensive cooperation and an important milestone for Shanghai Electric to further establish itself in the Middle East's new energy market.
'I hope both parties will work together to create a benchmark demonstration project and contribute more to the global energy transition."
Both agreements reflect the goals of Saudi Vision 2030 and Oman Vision 2040, and they prioritise sustainable energy, local involvement, and cross-sector cooperation.
Masdar CEO Mohamed Jameel Al Ramahi said: 'Masdar attaches great importance to its partnership with Shanghai Electric and looks forward to further deepening cooperation with them in wind power, photovoltaics, energy storage, and other fields in the future to jointly promote the transformation of the global energy structure."
"Shanghai Electric, Masdar and Mawarid Group join forces for clean energy" was originally created and published by Energy Monitor, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.