SEA, US Beacon Power Company sign cooperation agreement


Manama, Bahrain’s Sustainable Energy Authority and US-based Beacon Power Company, a global leader in the technology and solution of energy efficiency improvement, have signed a joint cooperation agreement.


SEA President, Dr. Abdulhussain bin Ali Mirza, and the CEO of Beacon Power, Robert G Abboud, signed the agreement.


The agreement is within the framework of SEA’s efforts to attract investments in the energy efficiency projects in order to enhance the kingdom’s role the energy economy, in general, and the energy efficiency fields, technology and applications, in particular.


On the occasion, Dr. Mirza extended thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa, and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, for their unlimited support for the Sustainable Energy Authority for the aim of boosting the sustainable energy sector in the kingdom, as well as achieve the comprehensive development goals.


He also hailed the strong Bahraini-US economic relations, citing the agreements signed between the two friendly countries in various sectors.


He stressed the importance of building regional and international partnerships in order to enrich such a promising and pivotal sector (sustainable energy), as well as ensure the sustainability of the comprehensive development process, and avail of the US market’s rich expertise and competitive potentials across various fields.


Source: Bahrain News Agency