Abdul Latif Jameel Energy underlines commitment to a sustainable future in powerful new video
Abdul Latif Jameel Energy has underlined its ongoing commitment to driving the transition to a sustainable energy future in a powerful new video which brings into focus the pressing need to reimagine the future of energy and the bold ambitions and notable achievements of their flagship global developer of renewable energy solutions, FRV.
With a proven track record of utility scale projects around the world, stretching back over 15 years, and a family business like our Abdul Latif Jameel, Abdul Latif Jameel Energy partnered with FRV in 2014 before acquiring the solar photovoltaic developer one year later.
In the new video, the urgent demand for energy is highlighted, against the backdrop of an increasing population, increasing urbanization and our insatiable hunger for the proliferating technology of our modern world. How do we meet this demand and ensure everyone has access to the electricity that powers everything from food production to healthcare? Ans perhaps, more importantly, how can we meet the demand sustainably?
We outline our ambitious investment in the renewables sector, expanding FRV’s global reach and breadth of capabilities by building on their established expertise.
Take a journey discovering the global reach of FRV as the video highlights successful projects in Uruguay, Mexico, Jordan, India, Armenia, Japan, Chile, and right back to where it all began in Trujillo, Spain.
Abdul Latif Jameel is committed to its role in being part of this energy transition, an ambition that is aligned with United Nations Sustainable Development Goals, and particularly, SGD7 working to ensure access to affordable, reliable, sustainable and modern energy for all.
Fady Jameel, Deputy President and Vice Chairman, Abdul Latif Jameel says that we need clean energy now to recharge our economies.
His recent Spotlight feature outlines the climate crisis against the dramatic backdrop of a global health pandemic and argues it risks being delegated from a position of ‘too big to ignore’ to ‘we’re too busy to tackle this now’.
In his article Fady states that:
“Prompted by the sharp rise in home schooling and remote working during the pandemic, governments could take the opportunity to refocus attentions on affordable, dependable electricity supplies.
Spending now to strengthen power grids will prepare them for the technologies of the future, and for the integration of a greater share of wind and solar energy in years to come. And while we’re thinking in cutting-edge terms, what better time to pave the way for battery, hydrogen cell and carbon capture technologies? Pumping timely funds into these fast-moving areas will make them much more cost-competitive, to say nothing of creating near-limitless job streams.”
As we look beyond today, we continue to invest in a transition to a more sustainable energy future that is not only necessary but inevitable. In the next four years, FRV expects investment of in fixed assets set to double the total installed capacity under management by 2024, and we remain committed to accelerate the democratization of renewable energy, increasing accessibility for all.