UAE: Masdar joint venture to provide COP27 with clean, renewable energy

UAE: Masdar joint venture to provide COP27 with clean, renewable energy

Plant developed in Sharm El-Sheikh, Egypt can produce enough energy to power more than 5,000 homes

Published: Sat 5 Nov 2022, 5:54 PM

A joint venture between UAE’s Masdar and Egypt’s Infinity, will provide clean and renewable energy to the UN Climate Change Conference (COP27), which starts in Sharm El-Sheikh, Egypt, from Sunday.

Infinity Power Holding said in a statement that the solar photovoltaic (PV) plant it has developed in Sharm El-Sheikh is now fully operational. The 6-megawatts (MWp) plant, which can generate as much as 11,723 megawatt-hours (MWh) of energy per year, enough to power more than 5,000 homes while cutting CO2 emissions by more than 4,000 tonnes, will continue to operate after the conference, providing clean energy to the city for years to come.

Two other solar plants of equivalent size have also been developed ahead of COP27, which will be held till November 18.

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, noted that Masdar is fast developing as the partner of choice for many of Egypt’s most important clean energy projects.

“I am proud that we are able to deliver clean energy to support COP27 through our Infinity