1. Masdar partners with Bapco Energies to explore wind energy projects in Bahrain with a potential 2GW capacity.
2. Agreement marks Masdar’s first entry into the Bahraini market and could lead to near-shore and offshore wind farm development.
3. Collaboration aligns with Bahrain’s environmental targets and Masdar’s strategic goal to increase renewable energy portfolio to 100GW by 2030.
Masdar, a UAE-based renewable energy company, has partnered with Bapco Energies in Bahrain to explore wind energy projects with a potential 2GW capacity, marking Masdar’s first entry into the Bahraini market. The collaboration aligns with Bahrain’s environmental targets of reducing greenhouse gas emissions by 30% by 2035 and reaching net zero emissions by 2060. These wind projects aim to accelerate decarbonization in Bahrain’s industrial sectors and create economic opportunities while contributing to Masdar’s goal of expanding its renewable energy portfolio to 100GW by 2030. Masdar CEO Mohamed Jameel Al Ramahi believes that their expertise in wind energy projects globally will support Bahrain in achieving its net zero ambitions.
Bapco Energies group CEO Mark Thomas sees the partnership as a significant milestone in their pathway towards sustainable energy development, diversifying Bahrain’s energy mix with cleaner sources. The collaboration is a bold step towards realizing Bahrain’s national energy strategy, bringing them closer to their net zero goals and paving the way for a more sustainable future. In addition to the Bahrain project, Masdar has completed the acquisition of a stake in wind projects in the UK and a renewable energy company in the US, further strengthening its global presence and impact in the renewable energy sector.