Masdar opens office in Saudi Arabia to strengthen presence in renewable energy market

Masdar opens office in Saudi Arabia to strengthen presence in renewable energy market

Masdar has pledged to strengthen its support for Saudi Arabia’s clean energy objectives by opening a new dedicated office in the Kingdom.

Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW).

The inauguration event, located in the capital Riyadh, was attended by Sheikh Nahyan bin Saif Al Nahyan, UAE Ambassador to the Kingdom of Saudi Arabia, along with representatives from Masdar partners, Saudi government officials, and industry leaders. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar was also present, along with other Masdar executives, who were also participating in the Future Investment Initiative conference in Riyadh.

The UAE ambassador said, “This occasion reflects the close ties that unite our two countries, as well as the strength of the strategic relations between the UAE and Saudi Arabia. These ties are based on a solid foundation supported by the leadership of both nations and work to achieve shared developmental goals for a more prosperous future and increased Emirati-Saudi integration in various fields.

“We are committed as countries and peoples to cooperating in this regard, not only for the benefit of our