KFH Bahrain becomes the official financier of 3.9MW solar farm at BIC

KFH Bahrain becomes the official financier of 3.9MW solar farm at BIC

Kuwait Finance House, Bahrain (KFH-Bahrain) has been named as the official financier of a solar farm located in the Bahrain International Circuit (BIC), a unique and contemporary sports and entertainment venue in the Middle East.

The farm was constructed and is being operated by Sakhir Solar, an IREC Energy Group Company. The project includes the installation of a solar power plant with a capacity of 3.9 megawatts by Sakhir Solar, as well as car parking shades at BIC for 20 years.

In addition, the project will feature 7,125 solar panels capable of producing energy from both sides and a basic capacity of 545 watts for each solar panel, equipped with robotic arms that operate automatically to clean the panels periodically, which were manufactured specifically for this project.

Ranya Mohammed Rashid

Head – SME Banking

KFH Bahrain “This leading project is expected to deliver ample energy to power the entire Formula 1 Bahrain Grand Prix. This project comes as part of Bahrain’s commitment to urge all institutions to increase the use of renewable energy in the kingdom. KFH-Bahrain has always been keen on adopting initiatives concerned with achieving sustainable development goals, by producing clean energy at reasonable prices, in addition to the goals of climate action.