Kenya to cut budget deficit to 4.5%    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Egypt's El-Khatib: Govt. keen on boosting exports    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Cabinet approves establishment of national medical tourism council to boost healthcare sector    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt, UAE sign agreement for 10GW wind project on COP27 sidelines
Published in Amwal Al Ghad on 08 - 11 - 2022

Egypt and the United Arab Emirates have agreed on Tuesday to develop 10-gigawatt (GW) onshore wind project in a deal struck on the sidelines of the UN climate conference COP27 in Sharm El Sheikh.
The project will produce 47,790 GWh of clean energy annually once it is completed and offset 23.8 million tonnes of carbon dioxide emissions, equivalent to around nine percent of Egypt's current CO2 emissions.
Moreover, the wind farm will save Egypt an estimated $5 billion in annual natural gas costs and help create as many as 100,000 jobs.
The MoU was signed by Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Mohamed Shaker, Egypt's Minister of Electricity and Renewable Energy.
Egypt's president Abdel Fattah al-Sisi joined his counterpart Emirati President Sheikh Mohamed bin Zayed al-Nahyan at the signing of the agreement between the UAE's Masdar renewable energy firm, Egypt's Infinity Power and Hassan Allam Utilities.
Sheikh Mohamed said in Twitter, the deal was "consistent with our commitment to advance renewable energy solutions that support sustainable development".
Consistent with our commitment to advance renewable energy solutions that support sustainable development, I joined my brother President Abdel Fattah El Sisi at COP27 to witness the signing of an MOU between our two nations to develop a 10-gigawatt onshore wind project in Egypt. pic.twitter.com/qBeX7AnF0o
— محمد بن زايد (@MohamedBinZayed) November 8, 2022
Consistent with our commitment to advance renewable energy solutions that support sustainable development, I joined my brother President Abdel Fattah El Sisi at COP27 to witness the signing of an MOU between our two nations to develop a 10-gigawatt onshore wind project in Egypt. pic.twitter.com/qBeX7AnF0o
— محمد بن زايد (@MohamedBinZayed) November 8, 2022
The project will be part of Egypt's Green Corridor initiative – a grid dedicated to renewable energy projects and will contribute to country's goal of ensuring renewable energy makes up 42 percent of its energy mix by 2035.


Clic here to read the story from its source.