UAE, Egypt announce new wind farm during COP27
- Date: 08-Nov-2022
- Source: Al-Monitor
- Sector:Agriculture
- Country:UAE
UAE, Egypt announce new wind farm during COP27
Wind power is growing in Egypt, which is relatively poor in oil and gas.
United Nations Secretary-General Antonio Guterres (C), Egypt's President Abdel Fattah al-Sisi (2nd R) and UAE's President Sheikh Mohamed bin Zayed Al Nahyan (R) attend the leaders summit on the second day of the COP27 climate conference, Sharm el-Sheikh International Convention Center, Sharm el-Sheikh, Egypt, Nov. 7, 2022. - Joseph Eid/AFP via Getty Images
November 8, 2022
The Emirati renewable energy firm Masdar today signed a deal to build another wind farm in Egypt.
Masdar along with the Egyptian renewable energy company Infinity and Egyptian contractor Hassan Allam will develop a 10 gigawatt onshore wind project, the official Emirates News Agency reported.
The agreement was made during the United Nations’ climate conference, COP27, which is currently taking place in Egypt’s Sharm el-Sheikh on the Red Sea.
Why it matters: Wind power is growing in Egypt, and the country has a few active wind farms. The wind farm on the Gulf of Suez in Ras Ghareb started operations in 2019 with a 262.5 megawatt (MW) capacity.