RAKEZ And Emerge Partner To Enhance Clean Energy Solutions In Ras Al Khaimah

The Ras Al Khaimah Economic Zone (RAKEZ) and Emerge, a joint venture between Masdar and EDF power solutions, have entered into a Memorandum of Understanding (MoU). This agreement was signed during the second Ras Al Khaimah Investment Summit (RAKIS), with H.H. Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, in attendance. The collaboration aims to enhance renewable energy solutions within RAKEZ.

The partnership seeks to promote clean technologies and sustainable practices across Ras Al Khaimah’s industrial and business sectors. Yaser Abdullah Al Ahmed from RAKEZ and Michel Abi Saab from Emerge signed the agreement. Luc Koechlin of EDF power solutions Middle East and Ali Alshimmari, an Emerge Board Director, were present as witnesses.

RAKEZ CEO Ramy Jallad expressed pride in partnering with Emerge. He stated, "We are proud to collaborate with Emerge, a home-grown renewable energy leader supported by Masdar and EDF power solutions. This partnership reflects RAKEZ’s ongoing efforts to integrate sustainable energy practices across our industrial and business ecosystem, enabling our clients to achieve their growth ambitions while reducing environmental impact."

Through this collaboration, both parties aim to identify and implement sustainable energy projects such as solar generation, energy storage, and hybrid solutions. These initiatives align with the UAE’s clean energy agenda and Ras Al Khaimah’s Energy Efficiency and Renewable Energy Strategy 2040.

Michel Abi Saab highlighted the importance of this collaboration by saying, "This collaboration reinforces our commitment to bringing accessible, high-impact clean energy solutions to companies of all sizes. Together with RAKEZ, we are enabling a more competitive, efficient, and environmentally responsible industrial ecosystem; one that supports economic growth while advancing the UAE’s long-term sustainability goals."

Commitment to a Greener Economy

This partnership underscores Ras Al Khaimah's strategic vision for a greener economy through sustainable development and clean energy innovation. RAKEZ remains dedicated to initiatives that align with this vision by fostering strategic partnerships that drive sustainability forward.

The focus on renewable energy projects within RAKEZ is expected to contribute significantly to reducing environmental impact while supporting economic growth in the region. This collaboration marks an important step towards achieving long-term sustainability goals for both RAKEZ and its partners.

With inputs from WAM