Masdar partners with Bahrain’s Mumtalakat for clean energy push

The Kingdom of Bahrain aims to promote sustainable energy with net-zero emissions by 2060.

Abu Dhabi Future Energy Company PJSC (Masdar) and Bahrain Mumtalakat Holding Company (Mumtalakat) have signed a memorandum of understanding (MoU) for the potential exploration of clean and renewable energy projects in the Kingdom of Bahrain.

Under the agreement, both entities will cooperate in the development of a project pipeline that will promote cost-competitive green energy in the territory, build local capabilities, and invest in innovation through both parties’ expertise.

As a measure to promote sustainability, the MoU also aims to boost the production of high-skilled job opportunities and talent development programmes in Bahrain. And importantly, it aligns with the nation’s urgent afforestation plan, increasing tree planting by 2035 and reaching net-zero carbon emissions by 2060.

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“We firmly believe that through strategic partnerships with industry leaders and investing in sustainable technologies, we can contribute towards creating a lasting positive sustainable impact for future generations,” His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat, said.