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UAE + Philippines partner on energy transition: The Philippines and the UAE have signed an MoU to cooperate on energy transition, according to a press release. The agreement outlines collaboration in renewable energy, nuclear energy, energy efficiency, and alternative fuels, among other things.
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What’s next? An Implementation Agreement with a UAE state-owned company is currently in
the works, with an anticipated signing date next January.
REMEMBER- Saudi Arabia and the Philippines inked anagreement to enhance cooperation in the energy sector in October, with a focus on renewable energy and energy efficiency. The agreement also includes collaboration in carbon capture and circular economy technologies aimed at reducing climate change impacts.
