*** ACWA Power and Bapco Energies announce joint development deal | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

ACWA Power and Bapco Energies announce joint development deal

TDT | Riyadh

Email: mail@newsofbahrain.com

Saudi Arabia 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.

The announcement of this strategic agreement took place during the Saudi–Bahraini Coordination Council meeting held in December 2025.

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.

Mr. Raad Al Saady – Vice Chairman & Managing Director, ACWA Power stated: “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 Thomas - Group CEO of Bapco Energies said: “This agreement marks another important milestone in our journey towards energy diversification and regional collaboration. By working alongside ACWA Power, Bapco Energies is taking a bold step to ensure long-term energy security for the Kingdom of Bahrain while unlocking the power of renewables.”

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. For ACWA Power, this project further expands its global portfolio of renewable energy assets and reinforces its leadership in driving the energy transition across the region and beyond.