UAE and Egypt advance development of Africa’s biggest wind farm

UAE and Egypt advance development of Africa’s biggest wind farm

- Signing witnessed by Egyptian Prime Minister HE Moustafa Madbouly and HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar

- Project will cut carbon emissions by 23.8 million tonnes a year – equivalent to 9 percent of Egypt's current carbon footprint

- Ahead of UAE hosting COP28, development shows UAE's commitment to supporting Egypt's renewable energy goals

ABU DHABI, United Arab Emirates/PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading clean energy companies, along with Infinity Power, Africa's largest renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused investment platform, signed an agreement with Egypt's New and Renewable Energy Authority to secure land to build a 10-gigawatt (GW) capacity onshore wind farm in Egypt, set to be one of the largest in the world, with a project value of over US$ 10 billion.

The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan