Masdar, TotalEnergies, and EPointZero have signed an agreement to expand clean energy access in Africa and Asia. The Framework for Action (FFA) agreement focuses on renewable energy projects in emerging markets and developing economies.
Under the agreement, Masdar and TotalEnergies will work together to provide electricity to communities in Africa and support the region’s long-term energy goals. In Southeast Asia, they will develop new renewable energy projects. TotalEnergies and EPointZero will explore clean energy opportunities in India, including solar, wind, and energy storage.
The agreement was signed at the third plenary meeting of the UAE-France High Level Business Council in Paris last week on February 16.
The partnership builds on the UAE and France’s strategic cooperation in energy. The two countries launched the UAE-France Bilateral Climate Investment Platform last year and have maintained a Comprehensive Strategic Energy Partnership since 2022.
Masdar has been involved in several renewable energy initiatives in Abu Dhabi and Asia. In Abu Dhabi, Masdar has expanded solar power capacity through the Noor Abu Dhabi solar plant, which has an installed capacity of 1.2 gigawatts (GW), and the Al Dhafra Solar PV project, which will have a capacity of 2 GW once fully operational. In Indonesia, Masdar has developed floating solar power projects, such as the Cirata Floating Solar Plant, which has a planned capacity of 145 megawatts (MW).
TotalEnergies has renewable energy projects across Asia, including solar power agreements in India with a combined installed capacity exceeding 2 GW. The company has also invested in offshore wind projects in Taiwan, such as the Yunlin Offshore Wind Farm, which has a planned capacity of 640 MW. In Abu Dhabi, TotalEnergies has partnered in solar energy projects, contributing to the country’s clean energy targets.
EPointZero focuses on decarbonization projects in multiple regions. It has been exploring energy storage and carbon capture solutions to support clean energy goals in emerging markets.
