On the morning of April 10 local time, under the witness of Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group, and Mohamed Jameel Al Ramahi, CEO of Abu Dhabi Future Energy Company (MASDAR), Shanghai Electric signed a cooperation agreement with MASDAR for the 2GW Al Sadawi solar project.

This project is part of the fifth round of Saudi Arabia’s National Renewable Energy Program (NREP) and represents Shanghai Electric’s largest photovoltaic EPC contract to date. Located in eastern Saudi Arabia and covering approximately 40 square kilometers—equivalent to 5,700 standard football fields, the project is expected to deliver over 6 billion kilowatt-hours of electricity annually, meeting the needs of more than 700,000 households and reducing carbon emissions by 3 million tons per year. This will play a crucial role in upgrading Saudi Arabia’s energy structure and achieving its “Vision 2030” goals.

In his speech, Wu Lei highlighted that MASDAR is one of the most influential clean energy developers in the Middle East and globally. The signing of the Al Sadawi solar project reflects the deep trust and complementary strengths between the two parties in green energy transition. This agreement marks a new beginning for comprehensive cooperation between Shanghai Electric and MASDAR, and a significant milestone for Shanghai Electric’s further expansion into the Middle Eastern new energy market. Mr. Wu expressed hope that both sides will work closely to create a model benchmark project and jointly contribute to the global energy transition.

MASDAR CEO Al Ramahi highly praised Shanghai Electric’s contract performance and innovation in the fields of new energy such as photovoltaics and wind power. He stated that MASDAR values its partnership with Shanghai Electric and looks forward to deepening collaboration in wind, solar, and energy storage to jointly advance global energy transformation.

The signing ceremony was also attended by Jin Xiaolong, member of the Party Committee and Vice President of Shanghai Electric, Abdullah Zayed, Director of Business and Project Development at MASDAR, and other representatives from both companies.

MASDAR is recognized as one of the largest energy developers in the Middle East, focusing on clean energy project development, including PV, wind power, and energy storage. The company has developed clean energy projects across six continents in more than 40 countries, with a cumulative installed capacity of 51 GW. According to its strategic plan, MASDAR aims to reach over 100 GW of new energy development and ownership globally by 2030.