Officials from KEZAD Group and TotalEnergies during the signing ceremony | Image Courtesy: WAM
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the integrated trade, logistics, and industrial hub of Abu Dhabi and a subsidiary of AD Ports Group, has signed an agreement with TotalEnergies Renewables Distributed Generation Middle East & Africa, an affiliate of TotalEnergies, to explore opportunities to solarize assets across KEZAD’s industrial ecosystem.
As part of the deal, TotalEnergies Renewables Distributed Generation develops, finances, builds, and operates solar installations for industrial and commercial customers (I&C).
Under the agreement, each partner will contribute its best-in-class expertise and technologies to conduct a series of feasibility studies for distributed solar generation at KEZAD, covering economic, commercial, regulatory, and technical aspects.
The agreement seeks to realize the full potential of solarization across KEZAD Group’s built assets, which today cover over 400,000 square meters.
Mohamad Al Khadar Al Ahmed CEO – KEZAD Group
“At KEZAD Group, we are committed to developing world-class industrial infrastructure in line with the vision of our wise leadership, which today places solar energy at the center of its energy transition strategy. Through our collaboration with TotalEnergies, we are keen to realize the complete potential of distributed solar generation across our integrated ecosystem at KEZAD Group, and to enhance the value proposition we can offer to our investors while supporting Abu Dhabi and the UAE’s sustainability goals.”
Mr. Hamady Sy, Managing Director TotalEnergies Renewables Distributed Generation Middle East and Africa, said that “this agreement is in line with our strategy to develop renewable energy and provide our partners and customers with clean, reliable, and affordable energy solutions.”
The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions by 2050 agenda.
“The emirate plans to install 5.6 gigawatts of solar PV capacity by 2026 and is currently developing the world’s largest solar plant with a capacity of 2 gigawatts in the Al Dhafra region,” as per the reports.
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