Masdar to Support UAE’s Renewable Energy Ambitions at COP28
Abu Dhabi Future Energy Company (Masdar) is set to showcase its commitment to renewable energy at the 2023 United Nations Climate Change Conference (COP28) as a Principal Pathway Partner. Masdar will host a range of events and discussions at the 12-day event, with a focus on supporting women sustainability leaders and young people interested in a career in the sector. The company’s strategic initiatives, including Abu Dhabi Sustainability Week (ADSW), Women in Sustainability, Environment and Renewable Energy (WiSER), and Youth 4 Sustainability (Y4S), will also be represented.
Masdar’s Role in the Energy Transition
As a COP28 Principal Pathway Partner, Masdar will showcase its history and ambitions at the Energy Transition Hub in COP28’s Green Zone. The company is playing a key role in supporting the UAE’s clean energy commitments, aiming to become the world’s largest renewable energy company and a green hydrogen champion by 2030. Masdar has developed more than 20GW of renewables capacity, invested more than US$30 billion, and is targeting a 100GW portfolio by 2030.
Mohamed Jameel Al Ramahi on Masdar’s Commitment to Sustainability
Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer, expressed his pride in the company’s role in advancing the clean energy sector and enabling the UAE’s vision as a global leader in sustainability and climate action. He highlighted Masdar’s proven track record in advancing the commercialisation and deployment of renewable energy and clean technologies to address the world’s sustainability challenges. Al Ramahi also emphasised the role that women and the next generation will play in leading the world’s sustainability efforts.
Masdar’s Impressive Renewable Credentials
Since its formation in 2006 under its founding CEO and now Chairman, Dr Sultan Al Jaber, Masdar has built an impressive global footprint in the renewable energy sector. The company has new renewable energy projects currently under development in Europe, Africa, Central Asia, and the Americas, including the Cirata floating solar plant in Indonesia and Azerbaijan’s first foreign investment-based independent utility-scale solar project. Masdar has developed more than 20GW of renewables capacity, invested more than US$30 billion, and is targeting a 100GW portfolio by 2030.
