United Arab Emirates and South Korea in strategic partnership on renewables and energy storage

LinkedIn
Twitter
Reddit
Facebook
Email
Image: Masdar.

Masdar, the Abu Dhabi Future Energy Company, has signed a memorandum of understanding (MOU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between South Korea and the UAE.

Masdar and KEA aim to establish a strategic partnership to encourage renewable energy investment in Korea and to develop a number of renewable energy projects using solar, wind, energy storage, floating solar power and waste-to-energy technologies, among others.

“Masdar is proud to collaborate with industry leaders and like-minded companies that share the same values and goals as Masdar. Our partnership with the Korea Energy Agency will allow us to strengthen our relationship with Korea and accelerate the deployment of renewable energy and new energy industry projects to improve energy security and spur innovation in smart urban development,” said Mohamed Jameel Al Ramahi, Masdar’s chief executive.

Both parties may also expand the scope of the collaboration in the future to cover energy auditing, smart grids and other related areas.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The signing of the agreement follows the Korea-UAE bilateral Economic Cooperation Council meeting in March, where Masdar and KEA initiated the development of the partnership.

Read Next

August 7, 2025
Optimisation platform provider Ascend Analytics and EPC firm SolarMax Technologies have announced battery storage projects by clients and partners in Texas’ ERCOT market.
Premium
August 6, 2025
Energy-Storage.news Premium speaks with microgrid solutions provider BoxPower’s Director of Business Development, Fallon Vaughan and Sales and Marketing Coordinator Noa Schachtel, about the company’s microgrid offerings.
August 6, 2025
Arevon’s Eland Solar-plus-Storage Center in Los Angeles, California, is complete, comprising 758MW of solar and 1,200MWh battery storage.
August 1, 2025
Energy-Storage.news proudly presents our sponsored webinar with Clean Energy Associates (CEA), on the implications of the US budget reconciliation bill, HR1, for energy storage.
July 31, 2025
Sungrow has signed a 2.4GWh strategic deployment agreement for battery storage systems in Europe with solar PV solutions provider SUNOTEC.

Most Popular

Email Newsletter