He is also calling to more than double hydrogen production during this time

Under the MoU, the companies will focus on the first phase of the project, which will see the establishment of a 2GW green hydrogen manufacturing facility

A 10GW onshore wind farm will be developed to save billions in energy costs

The Zarafshan wind farm will generate enough green electricity to power around 500,000 homes annually

The two companies have joined forces to develop 2GW of green energy projects in the East African country

Once commissioned, it will generate 558GWh of green electricity and help reduce 265,000 tonnes of carbon emissions annually

The facility in Sharjah will divert around 300k tonnes of waste from landfill every year while producing 30MW of low carbon electricity

ADNOC will take a 25% stake in the design stage of bp’s blue hydrogen project – H2Teesside – and Masdar is buying a stake in bp’s proposed green hydrogen project – HyGreen Teesside

The electricity generation capacity of its projects, either installed or under development, rose from 10.7GW to more than 15GW last year

The company will look to advance clean energy in Africa and Central Asia