Abu Dhabi Future Energy Company PJSC, also known as Masdar, and Emirates Global Aluminium (EGA) have announced a partnership to explore the joint development of renewable energy projects, including potential battery storage and green hydrogen production and storage.
The initiative aims to support the decarbonisation of EGA's existing operations in the UAE and any future operations in the country. Additionally, the two companies will seek international opportunities for Masdar to help power new aluminium production facilities with renewable energy sources.
Aluminium production is known for its high energy intensity, with the electricity required for production from fossil fuels contributing to about 60% of the global aluminium industry's greenhouse gas emissions.
Mohamed Al Ramahi, CEO of Masdar, expressed pride in collaborating with EGA to decarbonise the aluminium production process, stating, “Strong partnerships such as this are exactly what the world needs to accelerate our path to Net Zero.”
Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, emphasized the role of aluminium in decarbonisation and the importance of sustainable production methods, saying, “EGA's alliance with Masdar, another UAE industrial champion and a global leader in clean energy, should unlock opportunities to decarbonise our existing operations including further expanding our production of CelestiAL solar aluminium, and secure low-carbon growth.”
