The Advent of the Volt-age Era

The Advent of the Volt-age Era: GULF offers a breadth of energy solutions in the world shifting towards electrification for a more environmentally-friendly and lower-carbon lifestyle

In our pursuit of a sustainable global economy, we recognize the irrefutable fact: there is no Planet B. This fundamental understanding compels us to unite across all sectors, fostering collaboration and solidarity to spearhead transformative actions. At GULF, we channel our strengths to navigate through these transitions, with the aim of achieving a more prosperous and resilient outlook for the future generations inheriting these priceless legacies.

The arrival of technological innovations has significantly enhanced human comfort and safety, since the evolution of manual tools to combustion engines and, ultimately, to sophisticated electronic devices integrated with wireless networks. This progression has culminated in the development of the Internet of Things (IoT), where electricity is a fundamental component, enabling seamless and continuous connectivity across each piece of these technological advancements.

An important distinction between traditional innovation and modern progress lies in their minimal environmental impact. Recent advancements not only provide immediate usability and cutting-edge technology but also prioritize ecological sustainability. This shift toward using electricity as the primary energy source for powering devices and machinery is commonly referred to as "electrification", marking a significant milestone in the pursuit of sustainable technological progress.

GULF's Positioning in Fueling a Wave of Eco-Friendly Innovation: Expanding Clean Energy Capacity to Power an Electrified World

At the forefront of the region’s energy production, with our extensive scale and reach in developing large-scale infrastructures, GULF recognizes the significant impact of our role in facilitating the energy transition crucial for achieving a lower-carbon landscape. We are committed to increasing our proportion of energy production from renewable sources to 40% of our portfolio by 2035. This strategy is engineered to secure the capacity of installed electricity as the economy transitions to cleaner sources while ensuring that the increased energy demands are efficiently met. Abiding by the national energy development plans, we aim to provide our due contribution by strategically supporting key targets identified as effective catalysts for lower-carbon socio-economic growth which includes:

• Business partners who have announced plans to achieve a net-zero carbon emissions goal.
• Business partners in the RE100 category who have pledged to utilize clean energy across all their operational processes.
• Projects aimed at adopting electrification in mechanical equipment and transportation vehicle fleets.

These three focal areas are vital for driving the imperative of decarbonization. By transitioning from traditional coal-fired and oil-based energy production to more sustainable, lower-carbon alternatives, this transformation calls for the combined efforts among energy producers, private and public sectors, and the government bodies for an effective adoption of clean energy. By aligning their responsibilities, these stakeholders contribute to building a more economically and environmentally sustainable world.

As such, there's a heightened focus on implementing clean energy solutions across various sectors including industrial sites, factories, warehouses, and corporate offices amidst changing energy trends and increasing consumer demands. These shifts highlight the need for more choices in environmentally-friendly products and services that spans the entire supply chain -- from the initial stages of production to the final stages of distribution, coupled with a sustainable management approach.

To meet these evolving industrial energy needs, GULF has introduced GULF1, a leader in providing full-scale solar energy solutions for corporate, industrial, and retail use. GULF1 specializes in offering high-efficiency clean energy solutions, from the planning and installation to the maintenance and management of energy sales contracts post-delivery. This strategy not only ensures cost competitiveness but also promotes cleaner production practices at the origin of the supply chain.

Gulf's strategic extension in its provision of clean energy solutions and services illustrates our resolute dedication to the ongoing energy transition, reflecting our persistence in sustainability. As the dynamics of electricity demand and energy source evolve alongside social, economic, and environmental mandates, Gulf's unwavering focus on developing high-quality energy projects and establishing reliable, sustainable infrastructure demonstrates these commitments. We maintain a vigilant approach to striking an ecological balance, ensuring the preservation of biodiversity within ecosystems, and upholding our responsibility to stakeholders. *This enduring pledge to sustainability is a cornerstone of Gulf's operational ethos.