Dec.09.2024
Al Masaood Energy, one of the first established oil and gas contractors in the UAE, has signed a partnership agreement with TotalEnergies to implement a 2.5 megawatt (MW) solar project in its Mega-Base development in the Industrial City of Abu Dhabi (ICAD II)". TotalEnergies will deliver a tailored solution to optimize energy use and reduce emissions.
This 25-year partnership will enable TotalEnergies to develop the solar energy project with approximately 4,200 photovoltaic (PV) panels capable of an annual production of 4.2 gigawatt-hours (GWh) of electricity, while saving around 1,800 tons of CO2 emissions per year. The project will cover approximately 30 percent of Al Masaood Energy’s forecasted electricity consumption. This initiative reflects Al Masaood Energy’s commitment to decarbonizing and advancing the UAE’s industrial market towards net-zero emissions, in alignment with the country’s strategic environmental objectives.
“We are proud to support Al Masaood Energy in its transition to renewable energy through this solar project. Partnerships like this are essential for achieving sustainable growth and contributing to the UAE’s net zero goals,” said Hamady SY, Managing Director of TotalEnergies Renewables Distributed Generation Middle East & Africa (DG MEA).
“In line with our vision to contribute to the country’s decarbonization efforts, we are delighted to partner with TotalEnergies, a leader in the renewable energy sector in the UAE to meet our mid and long-term industrial power needs with a sustainable footprint”, said Dr. Ahmad El Tannir, General Manager, Al Masaood Energy.
COP28, held in Dubai under the UAE’s Presidency in November 2023, set a goal of achieving 50 percent decarbonization by 2030. This partnership between Al Masaood Energy and TotalEnergies demonstrates how the alignment of strategic initiatives by the UAE government and the private sector can accelerate progress towards this goal.
About Al Masaood Energy’s Mega-Base Project:
The future industrial park of Al Masaood Energy is set to usher in a new era to be one of the local trading and services landmarks in Abu Dhabi, UAE. The Mega-Base property is set to cover an estimated land area of 300,000 sqm, creating a huge complex of combined business, industrial and manufacturing facilities. In its entirety, the project will house 13 major buildings with specific business and operational functions. This includes a 20,500 sqm jetty for advanced cargo operations supporting offshore activities with shipping and logistics solutions, a 20,000 sqm state-of-the-art logistics space with 12,000 sqm of workshops, a 3,000 sqm advanced chemical warehouse for the secure storage of hazardous materials, a 12,000 sqm central warehouse for efficient trading operations, a 8,500 sqm versatile integrated service workshops, and a 150,000 sqm manufacturing facility. As of November 2024, the construction project nearly reaches its end with finishing works currently in progress.