Important Facts of the News
- Eng. Sharif Al Olama represented the UAE at the Singapore-IRENA High-Level Forum.
- The event was held during Singapore International Energy Week (SIEW) 2025.
- The UAE’s clean-energy investments are built on three pillars: policy stability, competitive markets, and global connectivity.
- Masdar is active in 40+ countries with 50 GW installed clean-energy capacity.
- Masdar aims to reach 100 GW and produce one million tonnes of green hydrogen annually by 2030.
- The GCC Power Grid has saved over $3 billion in generation costs.
- Electricity demand in Southeast Asia is expected to rise 60 percent by 2040.
UAE’s Role in Global Clean-Energy Cooperation
The United Arab Emirates emphasised its commitment to advancing global clean-energy partnerships during the Ministerial Dialogue of the Singapore-IRENA High-Level Forum, a key segment of the Singapore International Energy Week 2025.
Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, highlighted the nation’s strategy for catalysing clean-energy investments, framed around stability in long-term policies, competitive market practices, and robust international connectivity.
Masdar Projects and Vision for 2030
Through its leading renewable energy company, Masdar, the UAE is currently engaged in clean-energy projects across 40 countries, contributing to over 50 gigawatts of installed capacity worldwide. Looking to the future, Masdar plans to double this capacity to 100 gigawatts and aims to produce one million tonnes of green hydrogen annually by 2030.
Key Enablers for Global Clean-Energy Growth
Al Olama stressed the importance of three critical enablers that support the scaling of investments in cross-border clean-energy initiatives, particularly in fast-growing economies such as Southeast Asia:
- Long-term, clear policy signals to foster investor confidence.
- Aligned regulatory frameworks and connected grids for seamless energy trade.
- Innovative financial mechanisms to mitigate economic and political risks.
GCC Power Grid as a Regional Success Story
The GCC Power Grid was cited as an effective model of regional cooperation, one that has saved Gulf states more than $3 billion in energy generation costs while enhancing grid stability and lowering emissions. The UAE believes this framework could form the foundation for future green energy corridors between the Middle East and Southeast Asia, where electricity demand is expected to surge by 60 percent by 2040.
Looking Ahead to COP30 and Beyond
Ahead of the COP30 summit, the UAE reaffirmed its determination to translate clean-energy dialogues into actionable projects that support global energy security, sustainable growth, and regional prosperity.