DP World joins hands with Masdar’s green energy solutions for Africa and the Middle East ports
Shipping - Dubai-based DP World and Abu Dhabi’s renewable energy company Masdar, have entered into a Memorandum of Understanding (MoU) for clean energy solutions for DP World’s ports and free zones in the Middle East and Africa.
Jun 23, 2017: Dubai-based DP World and Abu Dhabi’s renewable energy company Masdar, have entered into a Memorandum of Understanding (MoU) for clean energy solutions for DP World’s ports and free zones in the Middle East and Africa.
Under the agreement, Masdar will work with DP World to identify the challenges related to sustainable, reliable and cost-effective power generation, with a focus on remote areas or off-grid areas. Masdar will provide project management services, from concept to implementation that includes community projects. As a first step, it will review DP World’s operations at the Port of Berbera in Somaliland, focusing on hybrid solar photovoltaic (PV) – diesel plants, water treatment and other technical advisory services for power generation. As part of the exercise, it will also analyse the ways to increase energy efficiency across the DP Worlds ports and terminals in the region.
DP World Group chairman and CEO, Sultan Ahmed bin Sulayem said, “We strive to integrate sustainability into everything we do, and I believe it is essential to modern business practice. We look forward to this partnership with a world leader in renewable and clean energy that will help reduce our carbon footprint in the region and to develop long-term energy solutions for the communities in which we operate. This collaboration is a significant step in contributing towards achieving the UAE 2021 vision and implementing the Dubai 2021 plan as well as the Abu Dhabi Economic Vision 2030, which is focused on developing the UAE into a knowledge-led economy.”
Mohamed Jameel Al Ramahi, chief executive officer of Masdar, added, “We are delighted to be working with DP World to explore the potential for commercially viable renewable energy across its operations in the Middle East and Africa. Masdar has vast experience of delivering projects in off-grid locations around the world, and we fully understand the transformational benefits that access to reliable, cost-effective clean energy can bring to both businesses and local communities. We are excited by the opportunity to realise these benefits through this important new partnership.”
Masdar’s work to bring renewable energy access to remote locations ranges from Pacific island micro-grids and rural solar home systems in Afghanistan and Morocco, to onshore wind in the Republic of Seychelles and off-grid community solar PV projects in Egypt.