Masdar Strengthens Clean Energy Partnerships with Norway for Green Hydrogen Initiatives
Key Ideas
  • Masdar signs agreements with Norwegian companies during Crown Prince's official visit, enhancing collaboration in clean energy solutions.
  • Strategic agreements with Equinor, ICP Infrastructure, Aker Horizons, and Yara focus on green hydrogen initiatives and infrastructure development in Europe.
  • Masdar aims for a 100 GW renewable energy portfolio by 2030 and targets to be a leading producer of green hydrogen, supporting global energy transition goals.
  • Partnership with Norwegian firms reflects strong UAE-Norway ties and shared commitment to pioneering clean energy projects for a sustainable future.
Masdar, a clean energy powerhouse in the UAE, has strengthened its partnerships with Norwegian companies through several agreements signed during the official visit of Abu Dhabi’s Crown Prince to Norway. These collaborations focus on clean energy solutions and sustainable development. Notably, Masdar's partnership with Equinor resulted in the development of the world’s first offshore floating wind farm, Hywind Scotland. The recent agreements with Equinor, ICP Infrastructure, Aker Horizons, and Yara aim to explore green hydrogen initiatives and investment opportunities in Europe, including the Nordics. Masdar's CEO highlighted the success of these partnerships rooted in the strong UAE-Norway bilateral relationship and shared legacy in clean energy projects. Masdar's ambitious goals include reaching a renewable energy portfolio of 100 GW by 2030 and becoming a leading producer of green hydrogen, aligning with global energy transition objectives. These initiatives demonstrate Masdar's commitment to driving sustainable energy projects in collaboration with international partners.
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