DP World And Masdar Unite To Advance Renewable Energy For Port operations

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  • DP World and Masdar have partnered to implement renewable energy systems in DP World’s port operations across the Middle East and Africa.
  • The partnership aims to promote the adoption of renewable energy and battery storage systems within DP World’s global supply chain, focusing initially on sites in Saudi Arabia, Senegal, and Egypt.
  • DP World and Masdar intend to accelerate the deployment of renewable energy solutions by addressing regulatory challenges, particularly in emerging economies.
  • Sultan Ahmed bin Sulayem, DP World Chairman and CEO, emphasizes the partnership’s role in advancing sustainable operations and reducing the carbon footprint in the supply chain industry.
  • Mohamed Jameel Al Ramahi, Masdar CEO, highlights the partnership’s commitment to decarbonizing port operations and driving the global energy transition toward tripling renewable energy by 2030.

Partnership For Renewable Energy Integration

DP World and Abu Dhabi Future Energy Company (Masdar), a prominent figure in clean energy worldwide, have entered into a partnership agreement. The aim is to investigate and deploy renewable energy solutions throughout DP World’s extensive port operations across the Middle East and Africa.

The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global supply chain. Throughout 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.

Driving Sustainable Operations

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, Masdar’s Chief Executive Officer, added: “Masdar and DP World are leading the way in the decarbonization 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, we must take action to drive the global energy transition towards tripling renewable energy by 2030.” 

Masdar is the UAE’s clean energy champion and one of the world’s fastest-growing renewable energy companies, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. 

DP World’s Commitment

As a leading end-to-end supply chain solutions provider, DP World will continue to work alongside the COP28 Presidency to advocate for more urgent climate action. This includes leveraging DP World’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. 

DP World works with key stakeholders – from logistics companies, NGOs, governments, and cargo owners — to showcase new technologies and solutions, and exchange ideas to mitigate and build resilience against climate change, driving the energy transition and promoting environmental stewardship while ensuring continued trade flow worldwide. 

Decarbonization 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. 

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Source: dpworld

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