The UAE Ministry of Energy and Infrastructure and ENGIE Solutions have signed a memorandum of understanding to jointly develop a technical cooperation in generating clean energy projects on MoEI's assets and exploring other energy-related CSR initiatives.

The MoU was signed by H.E Eng. Sharif Al Olama, Undersecretary of the Ministry of Energy and Infrastructure for Energy and Petroleum affairs, and Vincent Montanet, Chief Business Development Officer for ENGIE Solutions GCC, at the RAK Energy Summit.

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Both parties recognize the importance of increasing the share of renewable energy in the country’s energy mix while inspiring innovations in the sector.

Renewable energy development in the country offers various benefits that include economic growth and job creation, energy security and independence, national security, and reduction of greenhouse gas emissions.

H.E Eng. Sharif Al Olama said, “Developing renewable energy fulfills numerous national priorities, including helping tackle carbon emissions, create new high-tech jobs and inspire innovation.

"This project adds to UAE’s growing capabilities in the renewable sector; the UAE already hosts the largest single-site solar park in the world based on the independent power producer model. We will continue to pursue such projects in line with UAE’s renewable energy goals.”       

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