MENA Weekly Round-Up: Saudi Arabia Inks Key Pacts on Renewable Energy

Here are some noteworthy cleantech news and announcements from around the Middle East and North Africa region this week

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Saudi Arabia’s ACWA Power signed a series of agreements and MoUs with European energy leaders, TotalEnergies (France), Edison (Italy), and EnBW (Germany), to establish a green hydrogen and renewable energy export corridor between Saudi Arabia and Europe. Additional agreements with Siemens Energy aim to develop energy transmission infrastructure to enable clean energy exports. These deals were formalized during the Renewable Energy and Green Hydrogen Export Workshop in Riyadh, organized under the supervision of the Saudi Ministry of Energy.

The Public Authority for Housing Welfare (PAHW) in Kuwait has launched a renewable energy-powered street lighting project in the South Abdullah Al-Mubarak suburb, marking the first such initiative under its portfolio. PAHW is also supervising the construction of 31 public buildings in the suburbs and 186 buildings in other residential areas.

Union Coop partnered with Positive Zero to launch a large-scale solar energy project, covering up to 30 retail locations in Dubai and Umm Al Quwain by mid-2026. With a total installed capacity of 17.3 MW, the project is expected to generate approximately 29.23 GWh of clean electricity annually. David Auriau, CEO at Union Coop, said, “Our teams are already working together on the first phase, and by this time next year, we expect clean, renewable energy to be powering all agreed sites.”

Crédit Agricole Egypt has entered a partnership with Egypt-based Infinity to make clean-energy solutions more accessible for individual consumers. Through this partnership, Infinity’s consumers can access Crédit Agricole Egypt’s solar loan, which will have repayment terms of up to seven years. The loan will enable individuals to invest in multiple solar products, including solar home solutions for residential clients. Infinity is the largest Egyptian contributor to the 1,465 MW Benban Solar Park. Since 2018, Infinity has installed over 700 electric vehicle charging points across Egypt’s 16 governorates.

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