UAE’s Masdar, NPCC to explore renewable energy opportunities

UAE’s Masdar, NPCC to explore renewable energy opportunities

Masdar, UAE announced that it has signed an agreement with the UAE-based National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), to explore collaboration in offshore wind, green hydrogen, and other renewable energy technologies.

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Ahmed Al Dhaheri, Chief Executive Officer of NPCC, signed the Memorandum of Understanding on behalf of their respective organisations, 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.

Al Dhaheri commented, “NPCC continually explores new opportunities that align with our resources and engineering expertise in decarbonisation projects supporting the UAE’s climate change action initiatives and long-term sustainable development vision. Partnering with Masdar will undoubtedly contribute towards advancing energy transition in the country and open new avenues for clean energy integration and adoption.”

Chief Executive Officer of Masdar said, “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