Bahrain’s OAK Energy to Develop $50 Million Solar PV Project

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.

The Project 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.

Backed by international partners and the UK Export Finance (UKEF), the project represents an investment of approximately USD 50 million and is expected to generate more than 150 gigawatt-hours of clean energy annually.

Gareth Brown, Group CEO of OAK Energy & Infrastructure, said: “We are proud to introduce our diverse solar systems to the Kingdom of Bahrain, combining world-class engineering and long-term energy security to serve key tourism destinations and strategic facilities”.

He added: “With the final designs approved, we are now proceeding towards signing and implementation, ensuring bankability through long-term Power Purchase Agreements and delivering flexible, competitively priced clean energy to Bahrain’s major facilities”.

Ali Al Mudaifa, Chief of Business Development at the Bahrain Economic Development Board, said: “The announcement of OAK’s diverse solar energy systems at the Gateway Gulf 2025 Forum highlights Bahrain’s attractiveness to innovative and sustainable investment. These projects reflect the Kingdom’s commitment to developing renewable energy and creating tangible 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, underscoring the pivotal role of the private sector in advancing investment in sustainable infrastructure.