Manama: During the Gateway Gulf 2025 Forum in the Kingdom of Bahrain, OAK Energy and Infrastructure WLL (OAK) announced the development of a photovoltaic (PV) solar power project in Bahrain that will supply renewable energy to four sites, including Al Dana Amphitheatre, Bahrain International Circuit, and Exhibition World Bahrain, supporting the Kingdom's transition towards clean energy.
According to Bahrain News Agency, the project is backed by international partners and the UK Export Finance (UKEF), representing an investment of approximately USD 50 million. It is expected to generate more than 150 gigawatt-hours of clean energy annually.
Gareth Brown, Group CEO of OAK Energy and Infrastructure, expressed pride in introducing their solar systems to Bahrain, emphasizing the combination of engineering and long-term energy security to serve key tourism destinations and strategic facilities. With final designs approved, the company is moving towards signing and implementation, ensuring bankability through long-term Power Purchase Agreements and delivering clean energy to Bahrain's major facilities.
Ali Al Mudaifa, Chief of Business Development at the Bahrain Economic Development Board, noted that the announcement of OAK's solar energy systems at the Gateway Gulf 2025 Forum highlights Bahrain's appeal to innovative and sustainable investments. These projects reflect the Kingdom's commitment to renewable energy development and creating opportunities for collaboration between local and international partners.
The project, developed under long-term Power Purchase Agreements (PPAs), aligns with Bahrain's renewable energy vision and net-zero objectives, highlighting the role of the private sector in advancing investment in sustainable infrastructure.