DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a clean energy company, to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa.
The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within the port operator’s global supply chain. For the three-year partnership, DP World and Masdar will work together to identify optimal sites for the potential deployment of solar and energy storage systems, with an initial focus on Saudi Arabia, Senegal, and Egypt.
The partnership seeks to accelerate the deployment of renewable energy systems in DP World’s supply chain by sharing knowledge of the regulatory landscape and other challenges, particularly in emerging economies.
Sultan Ahmed bin Sulayem, DP World chairman and CEO, said, “Our partnership with Masdar represents a significant step forward in our commitment to sustainable operations at our ports and terminals. By exploring renewable energy solutions, we aim to reduce our carbon footprint and drive positive change in the supply chain industry.”
Masdar is a major clean energy company in the UAE and one of the world’s fastest-growing renewable energy firms, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.
Mohamed Jameel Al Ramahi, Masdar CEO, commented, “Masdar and DP World are leading the way in the decarbonisation of the company’s port operations and supply chain, to explore all options to advance the development and deployment of renewable energy power and storage systems in hard-to-abate sectors. Following a successful COP28 hosted in the UAE, it is vital that we take action to drive the global energy transition towards tripling renewable energy by 2030.”
