Helping our customers reduce their emissions Global demand for lower-carbon energy solutions is rising as our customers and end-users are looking to diversify their energy mix in their drive to decarbonize. To meet this rising demand, we are accelerating our investments in a broad portfolio of lower-carbon solutions including renewable energy, carbon management platforms, geothermal, sustainable aviation fuel, hydrogen and low-carbon ammonia. Building this capacity in partnership with global leaders will help provide the energy and lower- carbon solutions for a just and equitable energy transition. Investing in renewables Through our clean energy partnership with TAQA and Mubadala, under Masdar, we are targeting a portfolio capacity of more than 100GW by 2030. Masdar, the Abu Dhabi Future Energy Company, is a leading renewable energy business, positioning the UAE at the forefront of the global energy transition. Established in 2006 as a clean energy pioneer, Masdar has developed and partnered in projects in over 40 As two of the UAE’s energy champions, ADNOC and Masdar are working together to play a key role in supporting a just, orderly and equitable energy transition both at home and around the world. With our twin ambitions to be world-leaders in hydrogen, we are playing a vital role in supporting the UAE’s National Hydrogen Strategy and advancing the UAE’s position as a global hydrogen leader. Our renewables expertise combined with ADNOC’s energy leadership provides a solid foundation that enables us to effectively work towards the UAE’s pioneering commitment to sustainable energy development on a global scale, helping to expand access to clean energy in both developed and developing countries alike. Mohamed Al Ramahi CEO, Masdar “ 2 1 8 10 7 11 23 12 15 14 13 16 19 20 21 17 18 22 6 3 4 9 24 27 29 26 25 30 5 28 31 32 33 WIND FARM SOLAR FARM WATER TREATMENT WASTE TO ENERGY ROOFTOP PV International and Middle East . 1 ENGLAND, UK London Array Dudgeon Offshore Wind Farm Arlington Battery Energy Storage System (BESS) . 2 SCOTLAND, UK Hywind Scotland Floating Wind Farm . 3 MOROCCO Solar Home Systems . 4 MAURITANIA Sheikh Zayed Solar Plant Rural Electrification Program . 5 SERBIA Čibuk 1 Onshore Wind Farm . 6 MONTENEGRO Krnovo Onshore Wind Farm . 7 EGYPT Benban Solar PV Plant Toshka 10 MW Solar Power Plant Red Sea Solar PV Power Plants Siwa Solar PV Plant Al Wadi Al Jadeed Solar PV Plants 7,000 Solar Home Systems West Bakr Wind Farm . 8 JORDAN Tafila Onshore Wind Farm, Baynouna Solar Plant . 9 OMAN Dhofar Onshore Wind Power Project . 10 AFGHANISTAN Solar Home System, Rooftop PV . 11 SEYCHELLES Port Victoria Onshore Wind Farm Ile de Romainville Solar Plant . 12 PALAU Palau Solar and Water Treatment . 13 POHNPEI Pohnpei Solar Plant . 14 TUVALU Tuvalu Solar Plant . 15 NAURU Nauru Solar Plant . 16 HONIARA Solomon Islands Solar Plant . 17 VANUATU Vanuatu Solar Plant . 18 KIRIBATI Kiribati Solar Plant . 19 MAJURO Marshall Islands Solar Plant . 20 FIJI Fiji Solar Plant . 21 TONGA Tonga Solar Plant . 22 SAMOA Samoa Onshore Wind Turbines . 23 CARIBBEAN 5 projects delivered through UAE- CREF, 11 more planned . 29 UZBEKISTAN Zarafshan Wind Farm Nur Navoi Solar Plant Samarkand PV Sherabad PV Plant Jizzakh PV Plant . 30 POLAND Mlawa and Grajewo Wind Farms . 31 ARMENIA AYG-1 Solar . 32 SENEGAL Taiba Wind Farm . 33 SOUTH AFRICA Khobab Wind Farm Loeriesfontein Wind Farm Noupoort Wind Farm Kangnas Wind Farm Perdekraal Wind Farm . 24 SAUDI ARABIA Dumat Al Jandal Wind Farm South Jeddah Noor PV Plant . 25 INDONESIA Cirata Floating Solar Geothermal Investment . 26 AUSTRALIA East Rockingham Waste to Energy . 27 UNITED STATES Rocksprings Wind Farm Sterling Wind Farm Coyote Wind Farm Las Majadas Wind Farm Milligan 1 Wind Farm Desert Harvest 1 & 2 Solar PV Plants Maverick 1 & 4 Solar PV Plant Big Beau Solar PV Plant . 28 AZERBAIJAN Garadagh Solar PV Power Plant ENERGY STORAGE GEOTHERMAL ” countries, with a portfolio of projects, which are either operational, under construction or under development. Their combined value is more than $30 billion (AED 110 billion) and they have a combined capacity of more than 20GW, providing affordable energy to the world for a more sustainable future. In addition to our shareholding in Masdar, we are harnessing geothermal energy to diversify the UAE’s energy mix. In partnership with the national central cooling company, Tabreed, we are recycling subsurface heat to sustainably run the systems used to cool urban spaces. Masdar’s global presence 37 Energy for Life 36