The United Arab Emirates and Saudi Arabia have solidified their commitment to clean energy with the newly formed Framework Agreement on Strategic Cooperation between Masdar and King Abdullah City for Atomic and Renewable Energy (K.A.CARE.), which was signed just over a week ago.
Through the agreement, the two premier research and development groups will increase their cross boundary cooperation – particularly as it relates to cleaner energy generation and more affordable water purification.
“King Abdullah City for Atomic and Renewable Energy is bent on building up a new sector the objective of which shall be contribution to the diversification of energy resources in the Kingdom of Saudi Arabia,” said Dr. Hashim Abdullah Yamani, the President of K.A.CARE.
It’s an obvious collaboration, one that has been growing over the last several years, and one that will play a huge role in how the two countries are able to maintain their quality of life over the next few years and decades. And both parties seem to understand how important such cooperation will be for the entire region.
“That being said, we are now looking forward to set up an interdependent relationship between “Masdar” and “KACARE”, thus setting an example to be followed by the GCC countries to attain cooperation in the field of renewable energy and clean technologies as well,” said Dr. Sultan Ahmad Al Jaber, Masdar’s Chairman of the Board.
A steering committee comprised of members from both countries will be established to facilitate K.A. CARE’s and Masdar’s mutual objectives.
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