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“Masdar” signs agreements with Indonesian partners to develop energy projects

May 23, 2024

Abu Dhabi Future Energy Company “Masdar” has signed a series of strategic agreements with prestigious Indonesian partners to develop huge renewable energy projects in Indonesia.

These agreements come within the framework of Masdar's close cooperation with the Indonesian government to support its efforts to achieve a comprehensive transformation in the energy sector.

The agreements include the development of large-scale solar, wind, and green hydrogen projects, aiming to significantly increase the production capacity of renewable energy in Indonesia and meet its growing clean energy needs.

These huge projects contribute to strengthening Indonesia's position as a major center for renewable energy in Southeast Asia, and enhance the UAE's pioneering contribution to the global transition towards clean energy and combating climate change.

These agreements embody the UAE's firm commitment to supporting Indonesia's efforts in the field of renewable energy, and also strengthen the close bilateral relations between the two countries in various fields, and contribute to advancing common progress and prosperity.

Masdar is one of the largest renewable energy companies in the world, and has extensive experience in developing large-scale renewable energy projects around the world. Masdar is committed to achieving its ambitious strategic vision to become a leading producer of green hydrogen by 2030, while enhancing the total production capacity of its renewable energy project portfolio to reach 100 gigawatts by 2030.