Clean energy giant Abu Dhabi Future Energy Company (Masdar) and global premium aluminium producer Emirates Global Aluminium (EGA), have partnered to accelerate efforts towards aluminium decarbonisation and low-carbon aluminium growth opportunities.
The signing of the alliance, witnessed by Dr Sultan Al Jaber, UAE minister of Industry and Advanced Technology and chairman of Masdar, is seen as an important step towards sustainable industrial practices.
We are delighted to announce our alliance with Emirates Global Aluminium to work together on aluminium decarbonization and low-carbon aluminium growth opportunities. The two companies will also work together internationally to find opportunities through which #Masdar will support… pic.twitter.com/KCbopcqZDO
— Masdar (@Masdar) April 17, 2024
Accelerating energy transition
Mohamed Al Ramahi, CEO of Masdar, highlighted the significance of such partnerships in accelerating the energy transition. He further stated that strong partnerships like this are exactly what the world needs to quicken the path to Net Zero. He explained that when organisations combine their expertise and resources to help decarbonise critical industries, they not only protect the environment but also boost the economy.
International renewable cooperation
Masdar and EGA plan to collaborate on several fronts. This includes exploring joint development of renewable energy projects, with potential battery storage and green hydrogen production, to support the decarbonisation of EGA’s existing operations in the UAE and future operations in the country. Additionally, they will explore international cooperation to power new aluminium production facilities with renewable energy sources, leveraging Masdar’s expertise in clean energy solutions.
Additionally, Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, emphasised the crucial role of sustainable aluminium production in decarbonisation efforts. He said that EGA’s alliance with Masdar should unlock opportunities to decarbonise their existing operations, including further expanding their production of CelestiAL solar aluminium, and secure low-carbon growth.
EGA was the first company globally to commercially produce aluminium using solar power in 2021. In 2023, EGA further demonstrated its commitment by producing some 66 thousand tonnes of CelestiAL solar aluminium.
The clean energy giant Masdar is active in over 40 countries with a portfolio of renewable energy projects exceeding 20 GW in capacity.
For more news on sustainability, click here.
