OAK Energy and Infrastructure (OAK) announced a new photovoltaic (PV) solar project in Bahrain, backed by UK Export Finance (UKEF) and international partners, representing an inward investment of approximately $50 million.
The project, unveiled during the Gateway Gulf 2025 investment forum, will supply renewable power to four prominent sites: Al Dana Amphitheatre, Bahrain International Circuit, Exhibition World Bahrain, and a fourth undisclosed facility.
The initiative is expected to generate over 150 gigawatt-hours (GWh) of clean energy annually, contributing directly to Bahrain’s shift toward sustainable sources and its net-zero targets. The development is structured under long-term power purchase agreements (PPAs).
OAK Energy and Infrastructure Group chief executive Gareth Brown said the company is moving “decisively to signing and execution – ensuring bankability through long-duration PPAs and delivering resilient, competitively priced clean power to Bahrain’s most prominent facilities.”
Ali Al Mudaifa, chief of business development at the Bahrain Economic Development Board (EDB), said the announcement highlights “Bahrain’s ability to attract innovative, sustainable investment,” reflecting the kingdom’s commitment to advancing renewable energy.