Adnoc and Ewec enter clean energy partnership

adnoc, power, energy, bin, ewec,
UAE
  • Date: 27-Oct-2021
  • Source: Trade Arabia
  • Sector: Oil & Gas
  • Country: UAE
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Adnoc and Ewec enter clean energy partnership

The strategic partnership, launched by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office and Chairman of the Executive Committee of Adnoc’s Board of Directors, makes Adnoc the first major oil and gas company to decarbonise its power at scale through a clean power agreement.

Simultaneously, Ewec will benefit from long-term electricity offtake for its current and future renewable and clean power sources, which include solar and nuclear power, enabling continued investment in transformative innovations to decarbonise the energy sector.

This progressive approach supports the UAE Net Zero by 2050 Strategic Initiative and enhances Adnoc’s pathway to decarbonisation while enabling sustainable future growth. It also underpins the UAE’s bold and strategic approach to enable a lower carbon future.

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