"Recycling" It takes a share "source" in "UAE turning waste into energy"

Abu Dhabi, July 16/ WAM/ Abu Dhabi Future Energy Company, “Masdar”, one of the world’s leading companies in the field of renewable energy, announced today the signing of an exit deal from the Sharjah waste station project to energy, according to which the “Tadmour” group, a leader in waste management and the extraction of value from it, acquires a “source” share in the station, in accordance with the completion of organizational approvals and the conditions of the usual closure.

Under this step, a joint ownership group for the Emirates waste company begins to energy “alongside” environment “, a leader in sustainability and innovation in the region, responsible for operating the Sharjah waste station to energy.

The deal represents a strategic step that allows the two institutions to focus on their basic works, as a “source” can expand the scope of its projects in the field of clean energy, while the “rotating” group directs its efforts towards its operations in the UAE and achieving international spread, to support its ambitions and establish its position as a leading global company in the field of waste management and extract value from it.

Through the joint ownership of the Sharjah waste station into energy, the “rotation” and “environment” group unified their two experiences in the field, to enhance the efficiency of sustainable operation at the station, while planning future projects between them within the framework of their partnership.

The Sharjah waste station project was established into energy in 2022 under the umbrella of the Emirates waste conversion company to energy, and is the first commercial station of its kind in the Middle East, as it contributes to reducing dependence on pistons and converting waste into electricity, in order to support the efforts of the UAE in achieving the goals of sustainability. Under the partnership between the “Environment” and “rotating” groups, you will cooperate together in operating the station, continuing to implement the expansion plans to raise its production capacity from 30 megawatts to 60 megawatts, raising the ability to treat difficult waste to the weakness, and reduce the amount of emissions in half.

“We are proud of” Masdar “to contribute to the development of the Sharjah waste station project to energy, which played an important role in supporting the waste management sector in the country, thanks and appreciation to” environment “, where we have gathered a close partnership relationship since the establishment of the Emirates waste company to the energy of the joint project between the two parties.

Al -Ramahi expressed his confidence that ‘recycling’ and ‘environment’, with its strategic vision and experienced management, will continue to work to enhance the performance of the station and raise its operational efficiency.

For his part, Engineer Ali Al Dhaheri, Managing Director and CEO of the “rotation” group, said that the acquisition of this advanced facility in performance enhances the capabilities of the “rotation” group and elevates its capabilities and vital role in support of the UAE’s aspirations in the leadership of waste management and converting it into sustainable energy at the global level, indicating to look forward to working with a “environment” and continuing to build on the solid foundations that it established In cooperation with the “Masdar” company.

For his part, Khaled Al -Huraimel, CEO and Vice -Chairman of the Board of Directors, said, “We extend our sincere thanks to” Masdar “for its fruitful partnership in the establishment of the” Emirates waste transfer company to energy “, and for its valuable support in developing the Sharjah waste station to energy, which formed our first pioneering stations in this vital sector.

He expressed the aspiration to continue the march of completion in cooperation with our new partner, a “recycling” group, marking the start of a new chapter of growth and development in the field of turning waste into energy, at the level of the state and the region, pointing out that the agreement confirms the commitment of the joint partners to push the sustainability agenda in the UAE forward, while the parties concerned will continue to cooperate in innovative initiatives within the clean and renewable energy sector, in a way that enhances the role of the state In leading efforts to achieve a qualitative shift in the global energy sector.

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