Masdar and EDF Secure Contract for Solar Panel Installation at Saudi Malls and Hotels

UAE-based renewable energy developer Masdar and France’s EDF Group have secured a contract to install up to 3.4 MWp of rooftop solar photovoltaic (PV) panels across multiple shopping malls and hotels owned by Alandalus Property Company in Saudi Arabia. Masdar announced on Tuesday that the project will be carried out by Emerge, a joint venture between EDF and Masdar, under the Build-Own-Operate-Transfer (BOOT) model.

Under the 10-year agreement, Emerge will finance, design, construct, and maintain the PV systems, which will generate clean electricity for Hayat Mall in Riyadh, as well as Alandalus Mall and Alandalus Mall Hotel in Jeddah. The initiative aims to help Alandalus Property reduce its overall carbon footprint while supporting Saudi Arabia’s 2030 renewable energy targets.

Operating in Saudi Arabia as Al-Shorouk Sustainable Energy Company, Emerge specializes in solar power generation, energy storage, and hybrid energy solutions across the Middle East, offering services with no upfront costs for clients.