The Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation, has signed a Memorandum of Understanding (MoU) with the Ministry of Electricity, Water and Renewable Energy for the development of 1 GW of solar capacity in the country.
The agreement is designed to advance cooperation and coordination between KOC and the ministry and is aimed at removing obstacles associated with the advancement of renewable energy projects. The scheme is part of a strategy developed by the Kuwaiti oil sector to reduce emissions and diversify its energy portfolio.
As of 2022, solar represented less than 1% of Kuwait’s installed capacity and power generation with 93 MW and 133 GWh, respectively. The country currently has 8 GW of solar capacity under development. In January 2024, the Kuwait Authority for Partnership Projects (KAPP) launched a tender to build a 1.1 GW solar project in Al-Shaqaya, Al-Jahra Governorate, near Kuwait City.
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