Masdar, a prominent clean energy company in the United Arab Emirates, has strengthened its collaboration with Norway by signing agreements with three Norwegian firms. The announcement of these agreements took place during an official visit to Norway by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Abu Dhabi’s Crown Prince. The UAE-Norway Investment Forum aimed to explore investment opportunities between the two countries, emphasizing a mutual commitment to energy transition and sustainability. Masdar has a history of successful partnerships with Norwegian companies in the clean energy sector, particularly focusing on renewable energy solutions and sustainable development. Notable collaborations include projects like Hywind Scotland, the world’s first offshore floating wind farm established in 2017 through a partnership with Equinor. Recent agreements with Equinor, ICP Infrastructure, and Aker Horizons Asset Development aim to enhance cooperation on ongoing projects, explore new opportunities, and invest in green energy infrastructure and the green hydrogen value chain. One significant partnership is with Yara to explore opportunities in the 'Power-to-Green Ammonia' value chain, with a specific focus on green hydrogen. Masdar's CEO highlighted the strong bilateral relationship between the two nations and expressed optimism for future collaboration. Masdar's ambitious goals include reaching a renewable energy portfolio capacity of 100 GW by 2030 and becoming a top producer of green hydrogen, with a production target of 1 million tonnes per year in the next decade.