Positive Zero, the Middle East’s leading decarbonization and energy transition provider, has reported record growth over the past year [1]. Since aligning with BlackRock, the world’s largest asset manager, in December 2023, Positive Zero has doubled its earnings and nearly tripled its capital expenditure on projects.
The company says that they have significantly expanded its solar power generation capacity, signing 43 new distributed solar projects across the GCC region in 2024. Positive Zero anticipates further growth in decentralized infrastructure across Saudi Arabia, the United Arab Emirates, Bahrain, and Oman in 2025. Businesses and industries in the region are increasingly exploring decarbonization and renewable energy solutions to reduce their carbon footprints and operational costs.
David Auriau, Co-Founder and CEO of Positive Zero, emphasized the importance of sustainability targets that align with national government Net Zero agendas. He highlighted the private sector’s role in decarbonization through the implementation of renewables, energy efficiency, and electrification. Positive Zero is deploying capital to rapidly scale clean energy projects across the region, providing the necessary financing to ensure that decarbonization is both practical and affordable for businesses.
Over the past year, Positive Zero has integrated the region’s largest distributed solar power business, SirajPower, energy efficiency leader Taka Solutions, and clean electric mobility pioneer Hypr Energy under one unified umbrella. This new integrated model, termed ‘Decarbonization-as-a-Service,’ offers businesses a suite of clean energy solutions, including solar-powered rooftops and carports, hybrid systems, energy efficiency management, on-demand batteries, electric fleet management, and charging infrastructure. Positive Zero also provides intelligent financing with subscription models that require no upfront investment.
The company has seen significant growth in talent within its operations, opening new offices in Riyadh, Saudi Arabia, and Manama, Bahrain, and hiring local talent to drive on-ground initiatives. The diverse regional team across the UAE, Saudi Arabia, and Bahrain has grown to more than 150 people.
Mohammed Abdulghaffar Hussain, Co-Founder and Chairman of Positive Zero, emphasized the need for sustainable and economically competitive energy generation and consumption. He noted that Positive Zero’s business model aligns with the goals of government and business leaders in the Middle East, positioning the company to take advantage of opportunities in 2025 and beyond.
Through its sustainable business model, Positive Zero is supporting the visions of the region, including the UAE’s Net Zero 2050 Strategy, the Saudi Green Initiative, the Bahrain National Energy Strategy, and the Oman National Net Zero by 2050 plan. The company’s comprehensive approach to decarbonization and energy transition is set to play a crucial role in shaping the future of clean energy in the Middle East.
Sources:
[1] Positive Zero Reports Record Growth, Expands Renewable Energy and Decarbonization Efforts in the Middle East https://solarquarter.com/2025/02/26/positive-zero-reports-record-growth-expands-renewable-energy-and-decarbonization-efforts-in-the-middle-east/