Renewable energy and battery focus

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

“Our partnership with Masdar represents a significant step forward in our commitment to sustainable operations at our ports and terminals,” said Sultan Ahmed bin Sulayem, DP World Chairman and CEO.

”By exploring renewable energy solutions, we aim to reduce our carbon footprint and drive positive change in the supply chain industry.”

Energy focus

Over the course of the three-year partnership, DP World and Masdar will work together to identify optimal sites for the potential deployment of solar and energy storage systems, with an initial focus on Saudi Arabia, Senegal, and Egypt.

The partnership seeks to accelerate the deployment of renewable energy systems in DP World’s supply chain by sharing knowledge of the regulatory landscape and other challenges, particularly in emerging economies.

Masdar is the UAE’s clean energy champion and one of the world’s fastest growing renewable energy companies, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.

DP World said it will continue to work alongside the COP28 Presidency to advocate for more urgent climate action.

Decarbonisation is a core focus for DP World, and the business has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050, aligned to the UNFCCC’s Race to Zero and UAE’s 2050 net zero initiative.