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Wednesday, March 22, 2023

Masdar JV partners with Coca-Cola unit for new solar project

Masdar JV partners with Coca-Cola unit for new solar project

Emerge, a joint venture between Abu Dhabi-based clean energy company Masdar and French energy giant EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, the soft drink brand’s UAE bottler and distributor, to create a 1.8 MWp Photovoltaic power plant at the Al Ain facility of the solar power plant.

The commercial and industrial (C&I) project, located at the Coca-Cola bottling plant in Al Ain, will combine ground-mounted, rooftop-mounted and car park installations.

Under the agreement, Emerge will provide a complete turnkey solution for the solar project, including design, procurement and construction, and provide 25-year operation and maintenance of the power plant.

The agreement was signed by Coca-Cola Al Ahlia Beverages CEO Mohamed Akeel and Emerge Managing Director Michel Abi Saab at the recent Abu Dhabi Sustainability Week (ADSW).

Abi Saab noted that Emerge is expanding its C&I footprint in the UAE through partnerships with established companies such as Coca Cola Al Ahlia Beverage.

“We are confident that the 1.8 MWp solar photovoltaic plant we will build, operate and maintain for the Coca-Cola bottling plant – like the facilities we have built for our other partners Miral, Khazna Data Center and Al Dahra Food Industries – will provide Stable and clean energy for the Al Ain plant for decades to come,” he added.

Regarding the key partnership, Akeel said it is a major milestone for the soft drink brand as it continues to drive and embrace innovation in all parts of the business while reducing its carbon footprint.

“Our agreement with Emerge will allow us to reach another sustainability milestone – an important aspect of which is the integration of more renewable energy into our operations,” he added.

Copyright 2022 Al Hilal Publishing and Marketing Group, courtesy of SyndiGate Media Inc. (Syndigate.info).

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