Kuwait is negotiating a major battery storage project with a discharge capacity of up to 1.5 GW and a total energy storage capacity of between 4 GWh and 6 GWh to alleviate chronic power shortages. The battery storage initiative is part of a broader effort to stabilize Kuwait’s grid and reduce its reliance on fossil fuels during peak demand periods.

The European Bank for Reconstruction and Development (EBRD) announced an additional equity investment of $40 million in Egypt-based longstanding client Infinity, a renewable energy company. This brings the ERBD’s total equity commitment to $141.5 million, up from $101.5 million. The new capital will support Infinity Power, Infinity’s subsidiary, in delivering approximately 3 GW of renewable energy capacity across key African markets. Infinity Power is a joint venture between Egypt’s Infinity and Abu Dhabi’s Masdar. It has a portfolio of over 1.3 GW of operational solar and wind projects across Egypt, South Africa, and Senegal, as well as a near-term development pipeline of approximately 3 GW.

OQ Alternative Energy, a subsidiary of Oman-based OQ, confirmed the arrival of the first batch of wind turbines for the Riyah 1 and Riyah 2 wind farms. The projects, developed in partnership with TotalEnergies, will feature a combined total of 36 turbines with a cumulative generation capacity of 200 MW of clean electricity. The wind projects are being developed under a long-term power purchase agreement with Petroleum Development Oman to offtake the electricity generated from these wind farms. They will undertake a critical role in meeting the growing industrial demand for renewable energy and in supporting Oman’s green hydrogen initiatives.

Kuwait opened the bidding for a new 500 MW solar project, aiming to expand clean power generation. The country is inviting a pre-qualified consortium to submit proposals. This is Kuwait’s second such tender this year, covering the Al Dibdibah Power and Al Shagaya Renewable Energy Phase III, a Zone 2 Solar PV Independent Power Project. It will supply the Ministry of Electricity under a 30-year power purchase agreement.