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Photo: HH Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah (second from left), witnesses the MoU signing between RAKEZ and Emerge

Ras Al Khaimah, Nov 20: In the presence of His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) and Emerge — a joint venture between Masdar and EDF power solutions — signed a Memorandum of Understanding (MoU) during the second edition of Ras Al Khaimah Investment Summit (RAKIS), held in the emirate. The collaboration aims to advance renewable energy solutions within the RAKEZ ecosystem and accelerate the adoption of clean technologies and sustainable practices across the Ras Al Khaimah’sindustrial and business sectors.

The agreement was signed by Yaser Abdullah Al Ahmed, Chief Government & Corporate Relations Officer at RAKEZ, and Michel Abi Saab, General Manager of Emerge. It was witnessed by Luc Koechlin, CEO of EDF power solutions Middle East, and Ali Alshimmari, Emerge Board Director.

Through this partnership, RAKEZ and Emerge aim to identify and implement sustainable energy projects across the economic zone, including solar generation, energy storage, and hybrid solutions, in line with the UAE’s clean energy agenda and Ras Al Khaimah’s Energy Efficiency and Renewable Energy Strategy 2040.

This collaboration underscores Ras Al Khaimah’s strategic vision to build a greener and more resilient economy through sustainable development and clean energy innovation. RAKEZ remains committed to advancing initiatives that align with this vision, fostering strategic partnerships and innovative solutions that drive the emirate’s sustainability ambitions forward.