Masdar & NPCC collaborate to explore renewable energy technologies

  • Date: 13-May-2022
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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Masdar & NPCC collaborate to explore renewable energy technologies

Masdar, a UAE-based leading renewable energy firm, has signed a Memorandum of Understanding (MoU) with the National Petroleum Construction Company (NPCC) to explore collaboration in offshore wind, green hydrogen, and other renewable energy technologies.

Mr. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Mr. Ahmed Al Dhaheri, CEO of NPCC, signed the MoU on behalf of their respective organizations, at an event held in Masdar’s head office in Masdar City.

The companies will initially focus on collaboration in offshore wind and will also explore extending their efforts to cover other sectors, including green hydrogen production and battery storage technologies.

Mohamed Jameel Al Ramahi

CEO – Masdar “Masdar and NPCC share a common commitment to advancing the UAE’s leadership position in the energy sector and to driving sustainable growth. By leveraging each other’s world-class expertise in our respective fields, our combined efforts could play a vital role in achieving the UAE’s clean energy objectives and support our nation’s net-zero commitment.”

Masdar is a major developer and investor in wind projects, including a stake in the London Array, one of the largest offshore wind farms in the world, and in Hywind Scotland, the world’s first floating offshore wind farm, which became operational in 2017.

This year,