Masdar has entered into a partnership with Bapco Energies in Bahrain to explore and invest in wind projects in the country.
This agreement marks Masdar's foray into the Bahraini market, and aims to develop near-shore and offshore wind farms with a combined capacity of up to 2 GW.
This clean energy initiative will aid Bahrain in accelerating the decarbonisation of vital industrial sectors and creating opportunities for new market segments. Bahrain's National Energy Strategy outlines ambitious targets, aiming to reduce emissions by 30% by 2035 and achieve net-zero emissions by 2060.
Masdar chief executive officer, Mohamed Jameel Al Ramahi, said, “As a global clean energy pioneer, Masdar will utilise its well-established expertise and track record in delivering wind energy projects globally, both onshore and offshore. It is a privilege to be supporting the Kingdom of Bahrain to achieve its net zero ambitions and power a more sustainable future.”
Bapco Energies group chief executive officer, Mark Thomas said, “Today marks a significant milestone in Bapco Energies’ pathway towards sustainable energy development. Our partnership with Masdar demonstrates our commitment towards diversifying the Kingdom of Bahrain’s energy mix to include cleaner energy sources, underscoring our role as leaders in renewable energy development. This strategic collaboration signifies a bold step towards realising the ambitions outlined in Bahrain’s National Energy Strategy, propelling us closer to our net-zero goals. Together, we will pave the way for a more sustainable and resilient future for generations to come.”
