United Arab Emirates explores renewable energy alliance with Costa Rica

The United Arab Emirates is seeking to expand bilateral cooperation and investment within Costa Rica’s renewable energy sector. This initiative aims to combine Costa Rica’s expertise in clean electricity generation with the UAE’s financial resources, large-scale project execution capabilities, and advanced energy technologies.

The proposal was discussed during a high-profile forum organized by the UAE Embassy in Costa Rica, which brought together policymakers, academics, researchers, and private sector executives. Legal experts have noted that the long-term success of this partnership will depend on establishing a strong regulatory foundation, including alignment with national environmental policies and the drafting of comprehensive power purchase agreements.

This move is part of a broader strategic interest by the UAE in Latin America. Emirati officials have expressed growing ambition to explore new markets in the region, focusing on sectors such as energy, infrastructure, food security, technology, and artificial intelligence.