emirates7 - UAE-based Global South Utilities (GSU), a Resources Investment Company, has entered into two significant agreements with the Government of Madagascar to boost renewable energy capacity and support the country’s transition to clean energy.
The first agreement with Madagascar’s Ministry of Energy and Hydrocarbons involves GSU developing a 50-megawatt solar photovoltaic power plant in Moramanga, paired with a 25 MWh battery energy storage system. This project will pave the way for a future Power Purchase Agreement with JIRAMA, Madagascar’s national utility, enhancing the Antananarivo Interconnected Network and reducing dependence on fossil fuels. The project is expected to be completed within 12 months.
The second agreement expresses a mutual intention to collaborate on further renewable energy projects totaling up to 250 MW. As part of this deal, GSU and Malagasy authorities will conduct a comprehensive feasibility study to evaluate the projects’ technical, environmental, and economic viability.
The agreements were signed at the Iavoloha State Palace in the presence of Andry Rajoelina, President of Madagascar, by Olivier Jean-Baptiste, Minister of Energy and Hydrocarbons, and Ali Alshimmari, Managing Director and CEO of Global South Utilities.
Ali Alshimmari stated, “This agreement represents a major step forward in our dedication to expanding clean and reliable energy access across the Global South. We are honored to work with Madagascar’s government on initiatives that promote energy security, economic growth, and climate resilience.”
These agreements highlight the shared goal of Madagascar and the UAE to strengthen cooperation on large-scale sustainable infrastructure projects.
The first agreement with Madagascar’s Ministry of Energy and Hydrocarbons involves GSU developing a 50-megawatt solar photovoltaic power plant in Moramanga, paired with a 25 MWh battery energy storage system. This project will pave the way for a future Power Purchase Agreement with JIRAMA, Madagascar’s national utility, enhancing the Antananarivo Interconnected Network and reducing dependence on fossil fuels. The project is expected to be completed within 12 months.
The second agreement expresses a mutual intention to collaborate on further renewable energy projects totaling up to 250 MW. As part of this deal, GSU and Malagasy authorities will conduct a comprehensive feasibility study to evaluate the projects’ technical, environmental, and economic viability.
The agreements were signed at the Iavoloha State Palace in the presence of Andry Rajoelina, President of Madagascar, by Olivier Jean-Baptiste, Minister of Energy and Hydrocarbons, and Ali Alshimmari, Managing Director and CEO of Global South Utilities.
Ali Alshimmari stated, “This agreement represents a major step forward in our dedication to expanding clean and reliable energy access across the Global South. We are honored to work with Madagascar’s government on initiatives that promote energy security, economic growth, and climate resilience.”
These agreements highlight the shared goal of Madagascar and the UAE to strengthen cooperation on large-scale sustainable infrastructure projects.