DP World, Masdar partner on renewables for ports

MASDAR, February 26, 2024 – DP World and Abu Dhabi Future Energy Company (Masdar) have agreed to partner on exploring and implementing renewable energy systems at DP World’s Middle East and Africa port operations, the two companies announced on Monday.

The partnership will span three years and will involve identifying optimal sites for solar and energy storage system projects, with an initial focus on Saudi Arabia, Senegal and Egypt.

“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,” Masdar CEO Mohamed Jameel Al Ramahi said.

Masdar is among the world’s fastest-growing renewable energy companies.

UAE-headquartered DP World is a global logistics giant that has committed to becoming carbon neutral by 2040.

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