UAE-based Global South Utilities (GSU) has signed a memorandum of understanding (MoU) with Guyana Power and Light to explore opportunities for developing energy infrastructure projects in Guyana.
The MoU establishes a framework for cooperation on potential
projects across Guyana’s energy sector, including power generation, grid
modernisation and renewable energy integration.
The partnership aims to strengthen the reliability,
resilience and sustainability of the country’s electricity system.
The agreement was signed during a UAE economic delegation’s visit to Guyana as part of the UAE Trade Days initiative and was witnessed by Dr Thani Al Zeyoudi, Minister of Foreign Trade.
It was signed by Deodat Indar, Member of Parliament and Guyana’s Minister of Public Works and Aviation, on behalf of Guyana Power and Light, and Ali Al Shammari, Managing Director and CEO of GSU.
The collaboration comes as Guyana experiences rapid economic
growth and increasing demand for modern energy infrastructure.
It also marks GSU’s first entry into South America,
supporting the company’s strategy to expand into emerging markets through
partnerships with governments and national energy operators.
The initiative further strengthens growing UAE-Guyana
economic ties and highlights opportunities for cooperation in strategic
sectors, including sustainable energy development.
Al Shammari said Guyana is undergoing a pivotal phase of
economic and infrastructure development, creating significant opportunities to
build more resilient energy systems capable of supporting sustainable growth.
He said the partnership with Guyana Power and Light would
help explore projects that advance electricity infrastructure and accelerate
the country's energy transition.
Al Shammari added that the agreement marks an important
milestone in the company's international expansion strategy and reflects GSU's
commitment to developing reliable, sustainable and future-ready energy
infrastructure across emerging and high-growth markets.
He also highlighted the importance of international
partnerships in supporting sustainable development and fostering long-term
economic cooperation. -OGN/TradeArabia News Service