Masdar, the UAE’s clean energy leader, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, a transformational global investment platform, have signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa and Asia.
The agreement was signed during the 3rd plenary meeting of the UAE-France High-Level Business Council held in Paris on February 16th, 2025 and follows the UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s visit to France and meeting with French President His Excellency Emmanuel Macron, where they reaffirmed the strong strategic partnership between the two countries and discussed developing collaboration in key sectors such as climate action, energy, artificial intelligence, and advanced technology.
Under the agreement, Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to local communities in Africa, support its long-term energy system transformation, and jointly develop some new clean energy opportunities in Southeast Asia. TotalEnergies and EPointZero will explore partnership opportunities to support India’s clean energy ambitions, including through solar, wind, and energy storage, to contribute to the country’s decarbonization efforts.
The FFA signing was witnessed by H.E. Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, Patrick Pouyanné, Chairman and CEO of TotalEnergies, and H.E Mariam Almheiri, Group CEO of 2PointZero. The agreement was signed at the third plenary meeting of the UAE-France High-Level Business Council in Paris on February 16 by Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Stéphane Michel, TotalEnergies President for Gas Renewable and Power, and Peter Abraam, Chief Strategy and Growth Officer of IHC.
The FFA brings together these major companies under the Council’s umbrella to work together to expand their capabilities and increase access to clean energy in emerging markets and developing economies in Africa and Asia.
Masdar’s CEO, Mohamed Jameel Al Ramahi, emphasized that the agreement, strengthened by UAE-France relations, underscores a shared commitment to expanding clean energy access in Southeast Asia and Africa. He highlighted the importance of utilizing advanced clean energy technologies to drive sustainable growth.
Stéphane Michel, President for Gas Renewable and Power at TotalEnergies, noted that the company has been a key partner in Abu Dhabi’s energy sector for over 80 years. He expressed enthusiasm for extending this collaboration to renewable energy development in emerging markets across Asia and Africa, leveraging the combined expertise of Masdar, EPointZero, and TotalEnergies.
H.E. Mariam Almheiri, Group CEO of 2PointZero, stated that the partnership strengthens UAE-France ties and accelerates the global energy transition. She highlighted its role in expanding clean energy access, supporting decarbonization, and driving economic growth in India, Africa, and Asia through renewables and energy storage solutions.
The UAE-France High-Level Business Council was launched in July 2022 in the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Emmanuel Macron, President of the French Republic, with the aim of promoting economic exchanges and conveying the voice of UAE and French businesses to the highest public authorities, as well as to identify and implement private cross-investment projects.
The Council held its first plenary meeting in January 2023 and serves as an important catalyst for innovation and collaboration, reinforcing the UAE and France’s joint commitment to a sustainable, low-carbon future. The two nations have maintained a Comprehensive Strategic Energy Partnership since 2022 and launched the UAE-France Bilateral Climate Investment Platform last year.
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