Masdar, TotalEnergies and EPointZero, the decarbonisation division of 2PointZero, have signed a Framework for Action (FFA) agreement to expand clean energy access across Africa and Asia, according to a press release from the companies.
Under the agreement, Masdar and TotalEnergies will collaborate to provide reliable, sustainable electricity to communities in Africa, supporting long-term energy systems transformation. They will also explore new clean energy opportunities in Southeast Asia.
TotalEnergies and EPointZero will also seek to bolster India’s decarbonisation efforts with solar, wind and energy storage projects.
The signing took place during the third plenary meeting of the UAE-France High-Level Business Council in Paris and follows discussions between UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President Emmanuel Macron, who reaffirmed their nations’ strategic partnership in climate action and clean energy solutions.
“Enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa,” Mohamed Jameel Al Ramahi, chief executive officer at Masdar, said.
"This agreement reflects our shared commitment to empowering local communities, driving socio-economic growth and sustainable progress and advancing the global energy transformation.”
Stéphane Michel, president for gas renewable and power at TotalEnergies, “We are now delighted to extend our partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa. Combining the strengths, expertise and reach of Masdar, EPointZero and TotalEnergies will certainly enable each partner to accelerate their growth and improve the quality of their investment in those fast-developing markets.”