Masdar to develop 5GW of renewable energy projects in Africa

Masdar to develop 5GW of renewable energy projects in Africa

ABU DHABI - Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).

The agreements were signed under the umbrella of the Etihad 7 initiative, a UAE-led initiative that aims to raise public- and private-sector funds to invest in the development of Africa’s renewable energy sector.

Etihad 7 was launched at ADSW 2022 by Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, with the aim of achieving 20 GW capacity to supply 100 million people across the continent with clean electricity by 2035.

Sheikh Shakhboot said, “The UAE and African nations share a firm belief in the tremendous potential that clean energy offers Africa to unlock economic and climate action progress. That is why the UAE launched Etihad 7 last year at ADSW, a programme dedicated to accelerating universal access to clean energy across Africa by supplying clean energy to 100 million people by 2035. The signings made this week at ADSW 2023 demonstrate the great traction that we have gained and