Masdar in clean transport and power deal with China's BYD

As the UAE looks to further its renewable energy ambitions, Abu Dhabi-based Masdar has announced a partnership with the Chinese company BYD to commercialise clean transport and battery storage systems.

The preferred partnership agreement will potentially lead to expanding its activities to include solar panel technology for utility-scale applications and rooftop projects, LED lighting and solar-powered street lighting.

Mohamed Al Ramahi, the chief executive of Masdar, said that the deal coincided with the research and development already taking place at Masdar City.

“[The deal will] strengthen the city’s positioning as an ‘innovation ecosystem’ connecting research and development, education, business and investment,” he said.

“We are looking forward to working with BYD on a range of cutting-edge projects, and to integrating their expertise as we pursue the many growth opportunities in the clean energy sector, particularly in Mena.”

This deal will help to integrate BYD technology with ongoing research at Masdar Institute of Science and Technology and could further some of its demonstration projects such as the Personal Rapid Transit, or the driverless vehicle programme, and the Electric Energy Storage Solutions Hub.

“The agreement will raise our profile in the UAE and the wider Middle East, and help us to deliver on our ‘Three Green Dreams’ for the region: afford­able solar power generation, effici­ent energy storage and electrified public transportation,” said AD Huang, general manager of the Middle East and Africa for BYD.

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