Shanghai Electric announces that it has reached two milestone cooperation agreements in the Middle East in early April, signing a 2-gigawatt photovoltaic project agreement with Abu Dhabi Future Energy (“Masdar”) in Saudi Arabia and a comprehensive wind power cooperation agreement with Oman’s Mawarid Group.
The agreements support Saudi Arabia’s Vision 2030 and Oman Vision 2040 initiatives.
They aim to advance the Middle East’s energy transformation through technology exports, localized manufacturing, and multi-sector collaboration.
The 2-gigawatt Sadawi photovoltaic project, developed in cooperation with Masdar, is Shanghai Electric’s largest solar EPC project globally. Spanning 40 square kilometers, it generates more than 6 billion kWh annually, meeting the electricity needs of 700,000 households and cutting carbon emissions by 3 million tons. The project leverages advanced photovoltaic technology to maximize Saudi Arabia’s abundant sunshine and is a key component of the country’s National Renewable Energy Program.
In Oman, Shanghai Electric’s partnership with Mawarid Group includes wind turbine supply, technology transfer, and localized factory design. The collaboration aims to harness Oman’s natural resources, create a local supply chain, and promote long-term economic growth.
“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,” said Wu Lei, Chairman of Shanghai Electric Group. “I hope both parties will work together to create a benchmark demonstration project and contribute more to the global energy transition.”
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