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Positive Zero, the Middle East’s leading decarbonization and energy transition provider, has reported record growth over the past year, doubling its earnings and nearly tripling its capital expenditure on projects since its alignment with global asset management giant BlackRock in December 2023. The company has also nearly doubled its total solar power generation capacity, signing 43 new distributed solar projects across the GCC region in 2024. Looking ahead to 2025, Positive Zero anticipates continued expansion in decentralized infrastructure across Saudi Arabia, the United Arab Emirates, Bahrain, and Oman, as industries increasingly adopt renewable energy solutions to lower carbon footprints and operational costs. “Market dynamics are shifting as businesses align their sustainability targets with national Net Zero agendas. The private sector plays a critical role in decarbonization through renewables, energy efficiency, and electrification. To support this, we are deploying capital to rapidly scale clean energy projects and ensure decarbonization remains practical and affordable,” said David Auriau, Co-Founder and CEO of Positive Zero. Over the past year, the company has consolidated its subsidiaries, including SirajPower (distributed solar power), Taka Solutions (energy efficiency), and Hypr Energy (clean electric mobility), under one umbrella. This integrated approach, referred to as “Decarbonization-as-a-Service,” provides businesses with comprehensive clean energy solutions, including solar-powered rooftops, hybrid energy systems, energy efficiency management, battery storage, electric fleet management, and charging infrastructure. To support its expansion, Positive Zero has opened new offices in Riyadh, Saudi Arabia, and Manama, Bahrain, hiring local talent to drive its regional initiatives. The company’s workforce has grown to over 150 employees in the UAE, Saudi Arabia, and Bahrain within the past six months. Co-Founder and Chairman Mohammed Abdulghaffar Hussain emphasized the company’s role in transforming the regional energy landscape. “Government and business leaders in the Middle East recognize the need to rethink how energy is generated and consumed to ensure sustainability and economic competitiveness. With strong financial backing, we are well positioned to capitalize on opportunities in 2025 and beyond,” he stated. Positive Zero’s initiatives align with national sustainability targets, including the UAE’s Net Zero 2050 Strategy, the Saudi Green Initiative, the Bahrain National Energy Strategy, and Oman’s Net Zero by 2050 plan. In 2024 alone, the company’s solar power, energy efficiency, and electric mobility projects contributed to reducing carbon dioxide emissions by over 250,000 tons—the equivalent of carbon absorbed by four million trees over a decade. |
