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The two companies will collaborate on SAF, green hydrogen and carbon capture technologies to reduce their carbon footprint
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It has agreed with IRENA to set out an implementation plan at COP28
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Set to be operational by 2024, these new projects will provide power to more than one million homes
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He is also calling to more than double hydrogen production during this time
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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
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A 10GW onshore wind farm will be developed to save billions in energy costs
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The Zarafshan wind farm will generate enough green electricity to power around 500,000 homes annually
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The two companies have joined forces to develop 2GW of green energy projects in the East African country
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Once commissioned, it will generate 558GWh of green electricity and help reduce 265,000 tonnes of carbon emissions annually
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The facility in Sharjah will divert around 300k tonnes of waste from landfill every year while producing 30MW of low carbon electricity
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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
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The electricity generation capacity of its projects, either installed or under development, rose from 10.7GW to more than 15GW last year
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