Maaden unit seals clean energy supply contract with Masdar JV

27/08/2025 03:07 AST

Maaden Bauxite and Alumina Company (MBAC), a subsidiary of Saudi Arabian Mining Company (Maaden), one of the world's fastest-growing mining companies, has signed a power purchase agreement (PPA) with Emerge, a joint venture between Masdar, a global clean energy leader, and EDF power solutions, a leader in low-carbon innovative solutions.

Under this deal, Emerge will develop a solar power project to supply the Al Baitha Bauxite Mine with clean, renewable energy for the next 30 years.

The off-grid energy facility will integrate a ground-mounted 8 MWp solar photovoltaic array with a 30 MWh battery energy storage system backing up the intermittency of the solar production and securing a 24/7 electricity supply.

The facility is expected to generate approximately 17,300 MWh of electricity annually. The project will help avoid around 13,800 tonnes of carbon dioxide (CO²) emissions per year, equivalent to removing more than 3,000 cars from the road annually.

With this facility, the Al Baitha Bauxite Mine will be able to operate almost entirely on renewable energy, marking a major step toward sustainable mining operations.

This initiative supports Saudi Arabia's energy transition and aligns with the goals of Vision 2030 by reducing carbon emissions and promoting sustainable industrial growth, it stated.

Ali Al Qahtani, the Executive Vice-President, of Maaden's aluminum business said: "This partnership supports our ambitions to drive renewable energy across our operations, as well as reinforcing our committment to advancing sustainable solutions that benefit both our businesses and the communities we serve. We look forward to working with Emerge to deliver this integral pillar of our operations."

Abdulaziz Alobaidli, Chairman of Emerge and Chief Operating Officer at Masdar, said: "Emerge offers businesses a seamless, cost-effective pathway to transform to renewable energy. This partnership demonstrates the value Emerge brings to industries looking to decarbonize and optimize their energy usage."

As per the deal, Emerge will deliver a full turnkey solution for the project, managing all aspects, including financing, design, procurement, construction, operation, and maintenance.

"Our partnership with Maaden marks a bold step in decarbonising the kingdom's mining sector. By delivering a tailored solar power plant and battery storage solution, we are paving the way for a more resilient, low-carbon future while proving that industrial ambition and environmental responsibility can go hand in hand," he added.

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