Positive Zero, a leading provider of decentralized energy solutions in the GCC, and Tamimi Energy, a pioneer in integrated and sustainable energy services in Saudi Arabia, have announced a strategic partnership to develop and deliver solar power projects across the Kingdom of Saudi Arabia.

The collaboration, formalized with the signing of a Partnership Agreement between SirajPower, Positive Zero’s distributed power generation subsidiary, and Energy Equipment Rental Company (ENERCO), a leading power solutions provider under Tamimi Energy, establishes a flexible framework for leveraging each other’s solar project capabilities. This initiative aims to support the rapid growth of the Saudi clean energy market.

SirajPower and ENERCO will collaborate on the development and financing of commercial and industrial solar power solutions across Saudi Arabia. This includes deploying human talent, equipment, technology, and other resources to jointly secure projects.

The partnership aligns with Positive Zero’s recent announcement of a landmark investment of up to $400 million from BlackRock, aimed at boosting growth and innovation in the GCC region. Positive Zero offers decentralized decarbonization solutions, including solar power, energy efficiency, and mobile battery storage, to support the region’s energy transition and economic diversification goals.

Salah Abdullatif, Executive General Manager at Tamimi Energy Holding Company, said: “The pace of the clean energy transformation in the Kingdom of Saudi Arabia is picking up rapidly, with the Saudi Green Initiative setting an ambitious target to increase the share of renewable energy to 50% of the primary energy mix by 2030. This is no small feat, and ENERCO, as a key subsidiary of Tamimi Energy, is ideally positioned to play a crucial role in this journey. Our collaboration with SirajPower and the Positive Zero group will perfectly complement Tamimi Energy’s capabilities and open up significant opportunities for both parties to accelerate the adoption of solar power across multiple sectors in the Kingdom.”

David Auriau, Co-Founder and CEO of Positive Zero, commented on the occasion: “The Kingdom of Saudi Arabia is about to experience a surge in demand for clean energy, and photovoltaic solar power will be the foundation for meeting this demand as the key element of the National Renewable Energy Program of Vision 2030. To support attaining the goal of installing 40 GW of photovoltaic solar power by 2030, our partnership with Tamimi Energy will bring out the best of both our groups to the Saudi market, and we could not have chosen a better partner for Positive Zero’s first strategic partnership in the Kingdom. We look forward to playing a crucial role in the transformation of the Saudi energy sector through this agreement between SirajPower and ENERCO to bid on projects and deliver them together.”

Saudi Arabia, recognized among the top 10 countries worldwide with high potential for producing centralized solar energy, has recently approved new regulations to facilitate the provision of distributed solar energy solutions. Positive Zero’s foundational companies, including SirajPower and Taka Solutions, have already made significant strides in reducing carbon emissions and achieving energy savings in key GCC markets.

The strategic partnership between Positive Zero and Tamimi Energy underscores a shared commitment to advancing sustainable energy solutions and driving the transition to a cleaner and more resilient energy landscape in Saudi Arabia.