ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest mobility and convenience retailer, announced today the launch of the second phase of its service station solarization program in collaboration with Emerge, a joint venture between Masdar and the EDF Group.
Under the program, Emerge will finance, design, install and maintain solar photovoltaic (PV) panels at service stations across ADNOC Distribution’s UAE network. This initiative supports the Company’s sustainability goals by reducing greenhouse gas emissions and reliance on non-renewable energy, while also enhancing operational efficiency by lowering energy costs and optimizing the energy mix at service stations, in line with its aim to reduce operational carbon intensity by 25% by 2030.
