TotalEnergies, Masdar and EPointZero Sign Framework for Action to Drive Clean Energy Access in Africa and Asia
TotalEnergies (TTE), Masdar, and EPointZero have signed a Framework for Action agreement to expand clean energy access in Africa and Asia. The partnership, emerging from UAE-France bilateral relations, focuses on three main areas: Masdar and TotalEnergies will collaborate to provide sustainable electricity in Africa and develop clean energy projects in Southeast Asia, while TotalEnergies and EPointZero will explore opportunities in India's renewable energy sector, including solar, wind, and energy storage.
The agreement was signed at the UAE-France High Level Business Council in Paris on February 16, witnessed by key officials including UAE Minister Dr. Sultan Al Jaber and TotalEnergies CEO Patrick Pouyanné. This collaboration aims to combine the partners' expertise to accelerate growth in developing markets where renewable energies are important for energy transition.
TotalEnergies (TTE), Masdar ed EPointZero hanno firmato un accordo di Quadro d'Azione per espandere l'accesso all'energia pulita in Africa e in Asia. La partnership, che nasce dalle relazioni bilaterali tra UAE e Francia, si concentra su tre aree principali: Masdar e TotalEnergies collaboreranno per fornire elettricità sostenibile in Africa e sviluppare progetti di energia pulita nel sud-est asiatico, mentre TotalEnergies ed EPointZero esploreranno opportunità nel settore delle energie rinnovabili in India, inclusi solare, eolico e stoccaggio energetico.
L'accordo è stato firmato presso il Consiglio di Affari ad Alto Livello UAE-Francia a Parigi il 16 febbraio, alla presenza di funzionari chiave tra cui il Ministro degli UAE Dr. Sultan Al Jaber e il CEO di TotalEnergies Patrick Pouyanné. Questa collaborazione mira a combinare l'expertise dei partner per accelerare la crescita nei mercati in via di sviluppo, dove le energie rinnovabili sono fondamentali per la transizione energetica.
TotalEnergies (TTE), Masdar y EPointZero han firmado un acuerdo de Marco de Acción para expandir el acceso a la energía limpia en África y Asia. La asociación, que surge de las relaciones bilaterales entre los Emiratos Árabes Unidos y Francia, se centra en tres áreas principales: Masdar y TotalEnergies colaborarán para proporcionar electricidad sostenible en África y desarrollar proyectos de energía limpia en el sudeste asiático, mientras que TotalEnergies y EPointZero explorarán oportunidades en el sector de energías renovables de India, incluyendo solar, eólica y almacenamiento de energía.
El acuerdo fue firmado en el Consejo Empresarial de Alto Nivel UAE-Francia en París el 16 de febrero, con la presencia de funcionarios clave, incluidos el Ministro de los EAU, Dr. Sultan Al Jaber, y el CEO de TotalEnergies, Patrick Pouyanné. Esta colaboración tiene como objetivo combinar la experiencia de los socios para acelerar el crecimiento en los mercados en desarrollo, donde las energías renovables son importantes para la transición energética.
TotalEnergies (TTE), Masdar 및 EPointZero는 아프리카와 아시아에서 청정 에너지 접근성을 확대하기 위한 행동 프레임워크 협정을 체결했습니다. 이 파트너십은 아랍에미리트-프랑스 간의 양자 관계에서 출발하며, 세 가지 주요 분야에 집중합니다: Masdar와 TotalEnergies는 아프리카에서 지속 가능한 전기를 제공하고 동남아시아에서 청정 에너지 프로젝트를 개발하기 위해 협력하며, TotalEnergies와 EPointZero는 인도의 재생 가능 에너지 분야에서 태양광, 풍력 및 에너지 저장을 포함한 기회를 탐색할 것입니다.
이 협정은 2월 16일 파리에서 열린 UAE-프랑스 고위 비즈니스 회의에서 서명되었으며, 아랍에미리트의 장관 Dr. Sultan Al Jaber와 TotalEnergies의 CEO Patrick Pouyanné를 포함한 주요 관계자들이 지켜보았습니다. 이 협력은 파트너의 전문 지식을 결합하여 재생 가능 에너지가 에너지 전환에 중요한 개발 시장에서 성장을 가속화하는 것을 목표로 합니다.
TotalEnergies (TTE), Masdar et EPointZero ont signé un accord-cadre d'action pour étendre l'accès à l'énergie propre en Afrique et en Asie. Ce partenariat, qui découle des relations bilatérales entre les Émirats Arabes Unis et la France, se concentre sur trois domaines principaux : Masdar et TotalEnergies collaboreront pour fournir une électricité durable en Afrique et développer des projets d'énergie propre en Asie du Sud-Est, tandis que TotalEnergies et EPointZero exploreront des opportunités dans le secteur des énergies renouvelables en Inde, y compris le solaire, l'éolien et le stockage d'énergie.
L'accord a été signé lors du Conseil d'Affaires de Haut Niveau Émirats Arabes Unis-France à Paris le 16 février, en présence de responsables clés, dont le ministre des Émirats, Dr. Sultan Al Jaber, et le PDG de TotalEnergies, Patrick Pouyanné. Cette collaboration vise à combiner l'expertise des partenaires pour accélérer la croissance dans les marchés en développement, où les énergies renouvelables sont cruciales pour la transition énergétique.
TotalEnergies (TTE), Masdar und EPointZero haben eine Rahmenvereinbarung zur Erweiterung des Zugangs zu sauberer Energie in Afrika und Asien unterzeichnet. Die Partnerschaft, die aus den bilateralen Beziehungen zwischen den VAE und Frankreich hervorgeht, konzentriert sich auf drei Hauptbereiche: Masdar und TotalEnergies werden zusammenarbeiten, um nachhaltige Elektrizität in Afrika bereitzustellen und Projekte für saubere Energie in Südostasien zu entwickeln, während TotalEnergies und EPointZero Möglichkeiten im Bereich erneuerbare Energien in Indien, einschließlich Solar-, Wind- und Energiespeicherung, erkunden werden.
Die Vereinbarung wurde am 16. Februar beim hochrangigen Wirtschaftsrat der VAE und Frankreich in Paris unterzeichnet, wobei wichtige Beamte, darunter der Minister der VAE, Dr. Sultan Al Jaber, und der CEO von TotalEnergies, Patrick Pouyanné, anwesend waren. Diese Zusammenarbeit zielt darauf ab, das Fachwissen der Partner zu kombinieren, um das Wachstum in Entwicklungsmärkten zu beschleunigen, in denen erneuerbare Energien für den Energiewandel wichtig sind.
- Strategic expansion into high-growth emerging markets in Africa and Asia
- Partnership with established regional players strengthens market position
- Diversification of renewable energy portfolio across solar, wind, and storage
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Insights
This strategic partnership marks a significant expansion of TotalEnergies' renewable energy footprint in high-growth emerging markets, representing a calculated move to accelerate its energy transition strategy while maintaining strong ties with the UAE's energy sector. The collaboration leverages complementary strengths: TotalEnergies' global energy expertise, Masdar's renewable energy capabilities, and EPointZero's market access in India.
The framework's focus on Africa and Asia is particularly strategic, targeting regions with substantial renewable energy potential and growing electricity demand. These markets are expected to account for approximately 90% of global electricity demand growth through 2040, positioning TotalEnergies advantageously in high-growth regions while diversifying its renewable portfolio.
This partnership offers several competitive advantages:
- Enhanced market access through Masdar's established presence in emerging markets
- Reduced project development risks through shared expertise and resources
- Improved positioning for large-scale renewable energy projects in India, one of the world's fastest-growing renewable energy markets
- Strengthened diplomatic and commercial ties between France and the UAE, potentially facilitating future energy partnerships
The agreement's emphasis on energy storage solutions is particularly noteworthy, as it addresses a critical component of renewable energy deployment in emerging markets. This comprehensive approach to energy infrastructure development could accelerate project implementation and improve project economics through shared costs and risks.
The partnership also strengthens TotalEnergies' competitive position against other major energy companies in the renewable sector, particularly in strategic markets like India, where the company can leverage EPointZero's local expertise to capture a larger share of the country's ambitious renewable energy targets.
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Strategic partnership is a result of closer ties between
UAE andFrance forged in theUAE -France High-Level Business Council, and follows the landmark signing of theUAE -France Framework for Cooperation in Artificial Intelligence. -
Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to support Africa’s energy systems transformation and to develop clean energy opportunities in
Southeast Asia . - EPointZero and TotalEnergies to concentrate on partnership opportunities supporting India’s clean energy ambitions in solar, wind and energy storage.
The agreement follows the
Under the agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in
The FFA signing was witnessed by H.E. Dr. Sultan Al Jaber,
The FFA brings together these major companies under the Council’s umbrella to work together to expand their capabilities and increase access to clean energy in emerging markets and developing economies in
Commenting on the agreement, Mohamed Jameel Al Ramahi, CEO, Masdar, said: “Enabled by the strength of the
Stéphane Michel, President for Gas Renewable and Power of TotalEnergies, said: “By supporting the development of the country Oil and Gas reserves, TotalEnergies has been a key partner of
H.E. Mariam Almheiri Group CEO of 2PointZero, said: “This partnership deepens
The
The Council held its first plenary meeting in January 2023 and serves as an important catalyst for innovation and collaboration, reinforcing the
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About Masdar
Masdar (Abu Dhabi Future Energy Company) is one of the world’s fastest-growing renewable energy companies. As a global clean energy leader, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transformation and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.
Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.
About 2PointZero
2PointZero, a subsidiary of IHC (International Holding Company), was founded in 2023 as a transformational investment platform focused on making strategic investments in emerging technologies and future-sustaining businesses to create a globally diversified and resilient portfolio.
2PointZero brings together a suite of innovative and established
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
@TotalEnergies TotalEnergies TotalEnergies TotalEnergies
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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Masdar Contacts
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2PointZero Contacts
For media inquiries, please contact: press@2pointzero.com
For more information, please visit: http://www.2PointZero.com
TotalEnergies Contacts
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Source: TOTALENERGIES SE
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