Wednesday 20 June 2018

Masdar seals UAE Red Crescent deal

Abu Dhabi, July 1, 2013

Masdar and the UAE Red Crescent Authority have signed a framework agreement to develop renewable energy solutions that will provide humanitarian relief to people across the world who lack basic services, such as electricity and water.

As per the agreement, the Red Crescent Authority will deliver to Masdar a list of the projects, and will identify their potential end users. Masdar, in turn, will deploy its renewable energy solutions in all stages of the projects.

The ultimate goal is to provide for the development, building and commissioning of several renewable energy projects, along with associated applications such as solar home systems, solar water pumping systems and solar desalination, said Masdar CEO Dr Sultan Ahmed Al Jaber after signing the deal with Dr Mohammed Atiq Al Falahi, the secretary general of the UAE Red Crescent Authority.

The agreement also provides for Masdar to be appointed as the exclusive “Program Management Consultant” for renewable energy projects that will be deployed to regions where the Red Crescent already provides other forms of humanitarian assistance.

“The advancement of technology has always played a vital role in advancing societies and improving our standard of living,” remarked Dr  Al Jaber.

"Today, the rapid development of renewable energy technology is creating new opportunities for how wind and solar power can be applied. For underserved communities, and countries facing economic uncertainty, delivering access to sustainable energy can be an economic boost and create a trajectory for progress," he added.

“With more than a billion people worldwide who do not have access to electricity, renewable energy has the potential to deliver a tremendous economic and social impact,” remarked Dr Al Jaber.

“We are honored to be working with the UAE Red Crescent on such an important endeavor. Together, we will play a critical role in helping solve some of the world’s most pressing challenges and reinforce our country’s legacy and commitment to helping those in need,” he added.

In his comments, Dr Al Falahi said the world needs modern solutions to tackle its most complex problems.

“This cooperation underscores the growing role renewable energy can play in providing relief to underserved communities and establishing pathways for economic development. Together with Masdar, the Red Crescent is extending the UAE’s commitment tohumanitarian aid to the countries that need it most," he added.-TradeArabia News Service

Tags: UAE | abu dhabi | Masdar | Red Crescent |

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