ABU DHABI, 1st January, 2022 (WAM) — The Abu Dhabi Future Energy Company (Masdar) is continuing to strengthen its leading stature in the clean energy sector and help drive the sector’s development, in line with the directives of the UAE’s leadership to promote clean technology and renewable energy solutions on a large scale, as well as support the global efforts to address climate change, and implement the country’s strategic initiative to achieve climate neutrality by 2050.
In 2021, Masdar reinforced its position as a pioneer in the clean energy sector through the signing of a strategic agreement between TAQA, Mubadala and the Abu Dhabi National Oil Company (ADNOC), under which each will own a stake in Masdar. The step is aimed at developing a global investment portfolio…