The project also aims to capture and utilize CO₂ from an industrial source as a feedstock, alongside green hydrogen from renewable energy-powered electrolysis, for producing green methanol and sustainable aviation fuel (SAF).
The agreement follows a successful test flight by the two companies during COP28 in December 2023, demonstrating the potential for methanol-to-SAF conversion.
Aviation is a key focus for Masdar’s Green Hydrogen business, with strategic partnerships supporting SAF sector development.
The UAE’s General Policy for Sustainable Aviation Fuel set a voluntary target of providing 1% of fuel supplied to national airlines at UAE airports using locally produced SAF by 2031 and seeks to develop a national regulatory framework for SAF by exploring potential policies to support the long-term economic operation of SAF facilities in the UAE.
