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.

ALSO READ: India targets to double solar, wind energy by 2030

“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.

Also Read

Is Santos' proposed Bayu-Undan CCS project a Pipe Dream?

Vietnam eyes eliminating 358.7 million tonnes of greenhouse gas emissions

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

India’s Rajasthan and Gujarat need policy reforms to fuel RE transition

Some steps they could take are implementing green tariffs and setting infrastructure funds.

11 hours ago

Global clean energy tech market to hit $2t by 2035

This is fuelled by investments as countries aim to enhance energy security.The global clean energy technology market is projected to grow from $700b in 2023 to over $2t by 2035, nearing the scale of the crude oil market, according to the International Energy Agency (IEA).This growth is fuelled by significant investments in clean technology manufacturing as countries aim to enhance energy security, maintain economic competitiveness, and cut emissions. Investment is concentrated in regions with established positions in clean energy, particularly China, the European Union, the UK, and increasingly, India.Whilst the US, EU, and India have taken measures to support their clean energy sectors, China is expected to remain the world's manufacturing hub. By 2035, China's clean technology exports are forecasted to exceed $340b—comparable to projected oil export revenues from Saudi Arabia and the UAE.Southeast Asia, Latin America, and Africa contribute less than 5% of global cleantech production value, yet the IEA suggests that these areas still hold opportunities within the clean energy economy. Developing economies, for instance, could leverage competitive advantages to advance in the value chain beyond resource extraction.The IEA said Southeast Asia could become one of the most cost-effective regions for producing polysilicon and wafers for solar panels over the next decade.

12 hours ago

NSW OKs Liverpool Range Wind Farm expansion