Masdar Sign Pact with TotalEnergies and EpointZero

Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy leader, along with French oil and gas major TotalEnergies, and EPointZero, the decarbonisation arm of the UAE-based 2PointZero and a transformational global investment platform, have signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa and Asia.

The agreement follows the UAE President H H Sheikh Mohamed bin Zayed Al Nahyan’s visit to France and meeting with French President Emmanuel Macron a few days ago, where they reaffirmed the strategic partnership between the two countries and discussed developing collaboration in key sectors such as climate action, energy, artificial intelligence and advanced technology.

Under the agreement, Masdar and TotalEnergies will cooperate to provide reliable and sustainable electricity to local communities in Africa and support its long-term energy systems transformation, and to jointly develop some new clean energy opportunities in Southeast Asia.

TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind and energy storage, to contribute to the country’s decarbonisation efforts.

The FFA signing was witnessed by Dr Sultan Al Jaber, the UAE Minister of Industry and Advanced Technology, Chairman of Masdar, Patrick Pouyanne, Chairman and CEO of TotalEnergies, and Mariam Almheiri, Group CEO of 2PointZero.

The agreement was signed by Masdar’s CEO Mohamed Jameel Al Ramahi, Stéphane Michel, TotalEnergies President for Gas Renewable and Power, and Peter Abraam, Chief Strategy and Growth Officer of IHC.

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 Africa and Asia.

Empowering Local Communities

Mohamed Jameel Al Ramahi said that enabled by the strength of the UAE-France bilateral relationship, Masdar is proud to be working with TotalEnergies to help deliver clean energy access across Southeast Asia and Africa.

This agreement reflects their shared commitment to empowering local communities, driving socio-economic growth and sustainable progress, and advancing the global energy transformation. It is heartening to see the UAE-France Framework for Cooperation in Artificial Intelligence signed last week, and we look forward to continuing to utilize cutting-edge clean energy technologies to drive access and sustainable growth, he added.

Stéphane Michel said that by supporting the development of the oil and gas reserves, TotalEnergies has been a key partner of Abu Dhabi for more than 80 Years. The company was now extending the partnership with Abu Dhabi to the development of renewable energies in emerging markets in Asia and Africa.

Combining the strengths, expertise and reach of Masdar, EPointZero and TotalEnergies will certainly enable each partner to accelerate their growth and improve the quality of their investment in those fast-developing markets where renewable energies are key to those countries Energy Transition, Michel added.

Mariam Almheiri said that this partnership has deepened UAE-France ties and advanced their shared commitment to advancing the global energy transition.

“By combining the expertise of Masdar, TotalEnergies, and EPointZero, we are expanding clean energy access in emerging markets, accelerating decarbonization, and driving economic growth. Our collaboration across India, Africa, and Asia will scale up renewables and energy storage, ensuring reliable, sustainable power for millions. Together, we are building a cleaner, more resilient world,” Almheiri added.