The proposed MoU seeks to establish a framework for cooperation and exchange of expertise between the UAE and Pakistan in renewable energy development. Renewable energy has emerged as a global priority, with countries striving to reduce their carbon footprint and transition towards cleaner sources of energy. Pakistan, with its vast potential for solar, wind, and hydropower resources, offers attractive investment opportunities in the renewable energy sector. The visit of Sultan Ali Jaber signifies the UAE’s keen interest in exploring these opportunities and contributing to Pakistan’s renewable energy goals. Moreover, collaboration with UAE-based entities like Masdar brings valuable expertise and technology advancements that can accelerate the growth of Pakistan’s renewable energy sector.

Source: Pakistan Today June 20, 2023 15:40 UTC