Sultan Ahmed bin Sulayem, chairman and CEO of DP World, stated, "Our partnership with Masdar represents a significant step forward in our commitment to sustainable operations at our ports and terminals." "We want to lessen our carbon footprint and promote positive change in the supply chain industry by investigating renewable energy solutions."

The partners' specific goal is to make it easier for DP World's supply chain to embrace battery energy storage devices and renewable energy sources. The two organizations will collaborate to determine the optimal locations for the installation of solar and energy storage systems, with an initial emphasis on Senegal, Egypt, and Saudi Arabia.

"Masdar and DP World are leading the way in the decarbonization 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," stated Masdar CEO Mohamed Jameel Al Ramahi. We must move to accelerate the global energy transition toward doubling renewable energy by 2030 after the UAE successfully hosted COP28.

Under the terms of the three-year agreement, the partners will pool their regulatory landscape experience to overcome innate obstacles and implement the systems. This most recent agreement fits nicely with Masdar's intentions to use COP28 to reveal specifics and unleash Africa's clean energy potential.