DP World has signed a three-year partnership agreement with Masdar to explore and implement renewable energy systems across DP World's global port operations in the Middle East and Africa, aiming to facilitate the widespread adoption of renewable energy sources and battery energy storage systems (BESS).

The agreement seeks to accelerate the deployment of renewable energy systems in DP World’s supply chain by sharing knowledge of the regulatory landscape and addressing challenges, particularly in emerging economies. Throughout the partnership, DP World and Masdar will collaborate to identify optimal sites for solar and energy storage systems, focusing initially on Saudi Arabia, Senegal, and Egypt. For further information, check out our Middle East renewable energy database.

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Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, stated, "Masdar and DP World are leading the way in the decarbonization of port operations and supply chains, exploring all options to advance the development and deployment of renewable energy power and storage systems in hard-to-abate sectors."

Objectives of The Joint Venture

This partnership represents a significant step forward in DP World’s commitment to sustainable operations at its ports and terminals. By exploring renewable energy solutions. The joint venture between DP World and Masdar aims to achieve the following objectives:

Adoption of Renewable Energy: The partnership is designed to facilitate the widespread adoption of renewable energy systems across DP World’s global port operations.

Implementation of Battery Energy Storage Systems (BESS): The agreement also aims to implement BESS within DP World’s global supply chain.

Site Identification for Deployment: Throughout the three-year partnership, DP World and Masdar will work together to identify optimal sites for the potential deployment of solar and energy storage systems.

Decarbonization: Decarbonization is a core focus for DP World, and the business has already committed to becoming carbon neutral by 2040 and net zero carbon by 2050, aligned to the UNFCCC’s Race to Zero and the UAE’s 2050 net zero initiative.

About DP World

DP World, headquartered in Dubai, United Arab Emirates, is a leading global logistics provider specializing in cargo handling, terminal operations, and related services. Founded in 2007, it has grown into a major player in the global maritime and logistics industry, operating numerous ports and terminals across the world.

They manage and operate multiple seaports, offering services like container handling, cargo storage, and terminal logistics. DP World also provides various logistics solutions, including freight forwarding, customs clearance, and supply chain management, facilitating the movement of goods around the world.

The company develops and manages industrial parks adjacent to their ports, creating integrated logistics hubs and attracting businesses seeking efficient trade connections. To further learn about the upcoming and ongoing infrastructure projects developed by DP World, explore our Global Infrastructure Projects database.

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