DP World joins forces with Masdar to power ports with renewable energy

Abdulaziz Alobaidli, the Chief Operating Officer of Masdar and Mohammed al Muallem, Executive Vice President of DP World, with a group of senior officials, at the site of the revolutionary BOXBAY High Bay Storage (HBS) system in Jebel Ali, Dubai.

DP World has entered into a partnership agreement with Masdar, a renowned clean energy company based in Abu Dhabi, to introduce renewable energy systems across its port operations in the Middle East and Africa.

The objective of this agreement is to promote the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global supply chain.

For three years, DP World and Masdar will collaborate to identify suitable locations for the potential installation of solar and energy storage systems, focusing initially on Saudi Arabia, Senegal, and Egypt.

Through this partnership, DP World aims to expedite the integration of renewable energy solutions into its supply chain by leveraging expertise and addressing regulatory challenges, particularly in emerging economies.

“Our partnership with Masdar represents a significant step forward in our commitment to sustainable operations at our ports and terminals. By exploring renewable energy solutions, we aim to reduce our carbon footprint and drive positive change in the supply chain industry,” stated Sultan Ahmed bin Sulayem, chairman and CEO of DP World.

Masdar stands as the UAE’s foremost advocate for clean energy and ranks among the world’s rapidly expanding renewable energy enterprises. It spearheads the advancement and implementation of renewable energy and green hydrogen technologies, playing a pivotal role in tackling global sustainability issues.

Meanwhile, DP World, a leading provider of end-to-end supply chain solutions, remains committed to collaborating with the COP28 Presidency to promote accelerated climate action. This commitment entails utilizing DP World’s extensive reach and influence across 75 nations globally to unite the broader industry in crafting effective, sustainable solutions that align with the global climate agenda.

 “Masdar and DP World are leading the way in the decarbonisation of the company’s port operations and supply chain, to explore all options to advance the development and deployment of renewable energy power and storage systems in hard-to-abate sectors. Following a successful COP28 hosted in the UAE, it is vital that we take action to drive the global energy transition towards tripling renewable energy by 2030,” added Mohamed Jameel Al Ramahi, CEO of Masdar.




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