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Israel and the UAE reach a renewable energy agreement

  • Tuesday, January 26, 2021
  • Source:ferro-alloys.com

  • Keywords:Israel,the UAE,energy
[Fellow]Israel and the UAE reach a renewable energy agreement

Ferro-alloys.com:According to news on January 21, officials said on Wednesday that Israel and UAE companies signed a first agreement on renewable energy, and the country is steadily advancing its plan to become a global leader in this field.

Since the establishment of relations between Israel and the United Arab Emirates in September last year, this agreement is one of a series of commercial relations between the two countries.

The main signatories of the energy agreement are Abu Dhabi-based Masdar and EDF Renewable Energy Israel, a subsidiary of French utility giant EDF.

Israeli Energy Minister Yuval Steinitz said on Twitter: “These are the start-ups of the Abraham Agreement in the energy sector.” He predicts that this cooperation will enable Israel to become a global solar leader within six years.

The head of Masdar, Muhammad Jamil al-Ramhi, praised this as a "new era of cooperation" between the two countries in the field of clean energy. 

  • [Editor:zhaozihao]

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