Home Climate Masdar, EGA join forces to drive aluminium decarbonisation As part of the agreement, Masdar and EGA will collaborate on several fronts, including exploring joint development of renewable energy projects by Gulf Business April 17, 2024 Image: Supplied Clean energy giant Abu Dhabi Future Energy Company (Masdar) and Emirates Global Aluminium (EGA), the world’s largest premium aluminium producer, have partnered to accelerate efforts towards aluminium decarbonisation and low-carbon aluminium growth opportunities. The signing of the alliance, witnessed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and chairman of Masdar, is seen as an important step towards sustainable industrial practices. Mohamed Al Ramahi, CEO of Masdar, highlighted the importance of partnerships in accelerating the energy transition. “Strong partnerships such as this are exactly what the world needs to accelerate our path to Net Zero. When organisations combine their knowledge and resources to help decarbonise vital industries, we not only protect the environment but we also boost the economy.” Masdar and EGA will explore diverse projects Masdar and EGA are set to collaborate on several fronts, including exploring joint development of renewable energy projects, with potential battery storage and green hydrogen production, to support the decarbonisation of EGA’s existing operations in the UAE and future operations in the country. Additionally, international cooperation to power new aluminium production facilities with renewable energy sources, leveraging Masdar’s expertise in clean energy solutions, will be explored. The clean energy giant is active in over 40 countries with a portfolio of renewable energy projects exceeding 20 GW in capacity. Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, emphasised the crucial role of sustainable aluminium production in decarbonisation efforts, stating, “EGA’s alliance with Masdar should unlock opportunities to decarbonise our existing operations, including further expanding our production of CelestiAL solar aluminium, and secure low-carbon growth.” EGA was the first company globally to commercially produce aluminium using solar power in 2021. In 2023, EGA further demonstrated its commitment by producing some 66 thousand tonnes of CelestiAL solar aluminium. Tags Climate Decarbonisation EGA Masdar Sustainability You might also like ADIPEC 2024: ADNOC, Masdar, Microsoft to drive AI, low-carbon initiatives The path to sustainable business through ESG compliance Masdar, Iberdrola complete Baltic Eagle wind farm turbine installation ACCIONA secures EUR300m green loan to support GCC projects