Masdar, EGA form alliance to work together on aluminium decarbonisation – Gulf Today

  • Date: 17-Apr-2024
  • Source: GulfToday.ae
  • Sector:Oil & Gas
  • Country:UAE
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Masdar, EGA form alliance to work together on aluminium decarbonisation – Gulf Today





The signing was witnessed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of Masdar.

Abu Dhabi Future Energy Company "Masdar”, one of the world’s largest clean energy companies, and Emirates Global Aluminium (EGA), the largest ‘premium aluminium’ producer in the world, agreed an alliance to work together on aluminium decarbonisation and low-carbon aluminium growth opportunities.

The signing was witnessed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of Masdar.

Masdar and EGA will explore the joint development of renewable energy projects, with potential battery storage and green hydrogen production and storage, to support the decarbonisation of EGA’s existing operations in the UAE, and any future operations in the country.

The two companies will also work together internationally to find opportunities through which Masdar will support EGA to power new aluminium production facilities with renewable energy sources.

Masdar is a global leader in renewable energy and the UAE’s flagship clean energy company. It develops and operates utility-scale renewable energy projects around the world.

Aluminium production is energy-intensive, and generating the electricity required using fossil fuels accounts for about 60 percent of the global aluminium industry’s greenhouse gas emissions.

Mohamed