UAE – Mubasher: Abu Dhabi Future Energy Company (Masdar) and the UAE Ministry of Defence penned a partnership agreement to develop multi-solar plants across Abu Dhabi, according to a recent press release.
Emerge, a joint venture (JV) between Masdar and France’s EDF Group, will secure a full turn-key solution for the projects, including finance, design, procurement, construction, operations, and maintenance for 25 years.
Sultan Al Jaber, Chairman of Masdar, said: “The UAE will continue leading by example, and we are proud to be supporting the UAE Ministry of Defence in its Climate Change Strategy as the nation advances its Net Zero by 2050 strategic initiative.”
Emerge was established in 2021 to develop distributed solar, energy storage, and hybrid solutions for commercial and industrial.
It provides clients with full turn-key solutions through solar power agreements and energy performance contracting at no up-front cost to the client.
In December 2023, Masdar and Vienna-headquartered OMV joined forces to explore the production of green hydrogen for the decarbonisation of industrial processes in the Austrian company’s refineries.
