Total's SunPower eyes Middle East opportunities
New Masdar headquarters provides platform for expansion in the region.
SunPower Corporation is targeting new solar projects across the Middle East and North Africa (MENA) after unveiling new offices in Masdar City, Abu Dhabi’s low-carbon, sustainable development.
Located inside the Incubator Building, the new regional headquarters reinforces the company’s longstanding association with Masdar.
The solar power affiliate of French energy major Total has been active for more than a decade in the region, where it is associated with a number of flagship renewable energy projects.
Total is a partner with Masdar in Shams 1 in Abu Dhabi’s Western Region, the largest concentrated solar power (CSP) plant in the Middle East and North Africa.
The French company acquired a majority stake in SunPower in 2011.
“The addition of SunPower to Masdar’s innovation ecosystem is another important benchmark as Masdar City grows and integrates a diverse mix of technology tenants,” said Dr. Ahmad Belhoul, CEO of Masdar, Abu Dhabi’s renewable energy company.
“The DRP project underlines our ability to facilitate public-private partnerships to accelerate the development of innovative technological solutions that enhance the UAE’s energy sector.”
Stephane Michel, Total’s MENA president for Exploration & Production, said: “Total is immensely proud of its 75-year history in Abu Dhabi, and our collaboration with Masdar, and other Abu Dhabi partners, reflects the strength of our investment in the future of energy, in the emirate and the region.
“Both the DRP project and the opening of a new regional base for SunPower are tangible evidence of Abu Dhabi’s potential to help advance the responsible development of conventional energies, and the contribution of new energies to meeting increasing power demand.”