DP World and Abu Dhabi Future Energy Company (Masdar) have joined forces with the signing of a partnership agreement to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa (MEA) region.
The three-year partnership seeks to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within the logistics company’s global supply chain, it was shared.
They aim to accelerate this process by sharing knowledge of the regulatory landscape and other challenges.
The two 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.
Speaking about the partnership, Sultan Ahmed bin Sulayem, DP World Chairman and CEO, commented: “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, Masdar’s Chief Executive Officer, said: “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.”
Adding: “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.”