Dr Al Jaber (right) with Dr Hashim bin Abdullah

Dr Al Jaber (right) with Dr Hashim bin Abdullah

Masdar, KACare sign pact

The region is increasingly conscious of the need to conserve scarce hydrocarbons and propagate greater use of renewable energy which is plentiful and clean

01 July 2014

Masdar and the King Abdullah City for Atomic and Renewable Energy (KACare) has announced an agreement to work together to advance the development of renewable energy and clean technology across the region.

General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended the signing of the strategic framework agreement in Abu Dhabi. The agreement was signed by Dr Sultan Ahmed Al Jaber, chairman of Masdar, and Dr. Hashim bin Abdullah Yamani, president of KACare.

“Increased cooperation among GCC countries is crucial to advancing security, stability and sustainable growth throughout the region,” said General Sheikh Mohammed. “Energy is fundamental to all economic and social development. The enhanced cooperation between Masdar and KACare will contribute to extending the region’s energy leadership.”

Al Jaber said: “Masdar shares many strategic objectives with KACare. The UAE is a pioneer in deploying renewable energy and is also a major contributor to the international deployment of clean energy.

“By sharing our knowledge and experience with KACare, we believe that together we can further advance the use of renewables and ensure our long-term economic and energy security.”

The King Abdullah City for Atomic and Renewable Energy was established in 2010 with the aim of diversifying Saudi Arabia’s energy sources to include nuclear and renewables.

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