Al Masaood Energy, one of the first established oil and gas contractors in the UAE, has signed a partnership agreement with TotalEnergies to implement a 2.5 megawatt (MW) solar project in its Mega-Base development in the Industrial City of Abu Dhabi (ICAD II)”. TotalEnergies will deliver a tailored solution to optimize energy use and reduce emissions.
This 25-year partnership will enable TotalEnergies to develop the solar energy project with approximately 4,200 photovoltaic (PV) panels capable of an annual production of 4.2 gigawatt-hours (GWh) of electricity, while saving around 1,800 tons of CO2 emissions per year. The project will cover approximately 30 percent of Al Masaood Energyโs forecasted electricity consumption. This initiative reflects Al Masaood Energyโs commitment to decarbonizing and advancing the UAEโs industrial market towards net-zero emissions, in alignment with the countryโs strategic environmental objectives.
โWe areย proud to support Al Masaood Energy in its transition to renewable energy through this solar project.ย Partnerships like this are essential for achieving sustainable growth and contributing to the UAEโs net zero goals,โ said Hamady SY, Managing Directorย of TotalEnergies Renewables Distributed Generation Middle East & Africa (DG MEA).ย
โIn line with our vision to contribute to the countryโs decarbonization efforts, we are delighted to partner with TotalEnergies, a leader in the renewable energy sector in the UAE to meet our mid and long-term industrial power needs with a sustainable footprintโ, said Dr. Ahmad El Tannir, General Manager, Al Masaood Energy.
COP28, held in Dubai under the UAEโs Presidency in November 2023, set a goal of achieving 50 percent decarbonization by 2030. This partnership between Al Masaood Energy and TotalEnergies demonstrates how the alignment of strategic initiatives by the UAE government and the private sector can accelerate progress towards this goal.
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