Generation

UAE’s Global South Utilities Signs Renewable Energy Agreements with Madagascar

UAE-based Global South Utilities (GSU), a Resources Investment Company, has signed two landmark agreements with the Government of Madagascar to enhance the country’s renewable energy capacity and advance its clean energy transition, as reported by Zawya News Agency
It is reported that the first agreement, signed with Madagascar’s Ministry of Energy and Hydrocarbons, involves GSU developing a 50-megawatt solar photovoltaic power plant with a 25 MWh battery energy storage system in Moramanga. This project, expected to be completed within 12 months, will facilitate a Power Purchase Agreement with JIRAMA, Madagascar’s national utility, as noted by Zawya. The initiative will bolster the Antananarivo Interconnected Network and reduce dependence on fossil fuels.
The second agreement, as detailed by Zawya News Agency, outlines plans for GSU and Malagasy authorities to collaborate on additional projects, targeting up to 250 MW of installed capacity. A comprehensive feasibility study will assess the technical, environmental, and economic viability of these projects.
Zawya News Agency confirms that the agreements were signed at Iavoloha State Palace in the presence of Madagascar’s President Andry Rajoelina by Olivier Jean-Baptiste, Minister of Energy and Hydrocarbons, and Ali Alshimmari, GSU’s Managing Director and CEO.
Alshimmari stated, “This agreement marks a significant milestone in our commitment to expanding access to clean, reliable energy across the Global South. We are proud to collaborate with the Government of Madagascar on a project that supports energy security, economic development, and climate resilience,” as quoted by Zawya.
These partnerships, Zawya News Agency highlights, underscore the growing co-operation between Madagascar and the UAE in advancing sustainable infrastructure.