This partnership is expected to help contribute to the UAE Government’s Vision 2021 which targets, among other goals, diverting waste from landfills by 75% by 2021. HE Dr. Sultan Ahmed Al-Jaber, Minister of State of the UAE and Chairman of Masdar, and HE Salim Al Owais, Chairman of Bee’ah, signed the agreement at the World Future Energy Summit (WFES) in Abu Dhabi, in the presence of Khaled Al Huraimel, Group CEO of Bee’ah and Dr Ahmad Belhoul, CEO of Masdar, as well as senior management members from the two companies.
The partnership also establishes a platform to develop similar future projects across the Middle East. Under the agreement a Centre of Excellence in Waste Management will also be set up in Sharjah to advance education, innovation and capacity building in waste to energy. His Excellency Salim Al Owais, Chairman of Bee’ah, said, “Central to this agreement is placing our cutting-edge recycling technologies along with Masdar’s distinguished energy know-how, at the disposal of our community.
Through our partnership with Masdar, we will bring the industry’s best minds and technology to ensuring our wasteto- energy methodologies are world class and consolidate the UAE’s position as a leader in sustainable thinking and innovation,” he added. Dr Ahmad Belhoul, CEO of Masdar, said, “This agreement allows Masdar to deploy its extensive expertise and experience in clean energy project structuring, financing, asset management and project delivery, which we have gained over the past 10 years, while at the same time helping the UAE reduce carbon emissions and meet its renewable energy targets.” Commenting on the agreement, Khaled Al-Huraimel, Group CEO of Bee’ah said, “We are delighted to have come together and combine both Bee’ah’s and Masdar’s industry leading know-how to develop energy projects in the MENA region.
The UAE has long been at the forefront of pioneering sustainable energy solutions, and this agreement with Masdar further proves that commitment. The partnership will develop future waste to energy facilities in UAE and the MENA region.” Al Huraimel added that the partnership formed a consortium to participate in the tender process for the announced Integrated Waste Management: Northern Emirates project managed by the Ministry of Environment and Water, which, if successful, will see two additional waste-to-energy plants constructed in the UAE by about 2021.