Egyptian President, UAE counterpart witness signing of agreement

Egyptian President, UAE counterpart witness signing of agreement

- Agreement for 10-gigawatt project signed on sidelines of COP 27

- Project will be one of the biggest wind farms in the world on completion

- Wind farm will reduce carbon dioxide emissions by 23.8 million tonnes a year – equivalent to 9% of Egypt’s current output

- Project will help to create up to 100,000 jobs

Cairo, Egypt: President Abdel Fattah El Sisi and President His Highness Sheikh Mohamed bin Zayed Al Nahyan of UAE witnessed the signing of an agreement between Masdar, one of the world’s fastest-growing renewable energy companies, along with its Infinity Power joint venture with Infinity, Egypt’s main renewable energy developer, and Hassan Allam Utilities, to develop a 10-gigawatt (GW) onshore wind project in Egypt – one of the largest wind farms in the world.

The Memorandum of Understanding was signed Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Special Envoy for Climate, and Chairman of Masdar, and Sabah Meshaly, chairwoman of the Egyptian Electricity Transmission Company (EETC), on the sidelines of the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh.

H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court; H.H. Sheikh Abdullah bin Zayed Al