Abu Dhabi Future Energy Company (Masdar) has signed a three-year agreement to explore and implement renewable energy systems across Dubai-based DP World’s global port operations in the Middle East and Africa.
This will lead to widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global supply chain, starting from operations in Saudi Arabia, Senegal, and Egypt.
Masdar is one of the world’s fastest-growing renewable energy companies, advancing the development and deployment of renewable energy and green hydrogen technologies.
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.”
Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, added: “Masdar and DP World are leading the way in the decarbonisation of port operations and supply chain, and in exploring all options to advance the development and deployment of renewable energy power and storage systems in hard-to-abate sectors.”
Decarbonisation is a core focus for DP World, and the business has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050, aligned to the UNFCCC’s Race to Zero and UAE’s 2050 net zero initiative.
DP World will continue to work alongside the COP28 Presidency to advocate for more urgent climate action. This includes leveraging the company’s scale and influence across the 75 countries it operates in worldwide to bring together the broader industry to develop impactful long-term solutions that support the global climate agenda.
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