Masdar to develop 5 GW in Africa
I admire how UAE and African nations share a firm belief in the tremendous potential that clean energy offers Africa to unlock economic and climate action progress as Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi
stainability Week (ADSW) 2023 with three countries – Angola, Uganda, and Zambia – to develop renewable energy projects with a combined capacity of up to 5 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.
The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
- An agreement with Angola’s Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW.
- An agreement with Uganda’s Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
- An agreement with Zambia’s Ministry of Energy and Zambian national utility ZESCO Limited for the joint development of solar, wind, and hydroelectricity projects with a total capacity of 2 GW.
In conclusion UAE and African nations share a firm belief in the tremendous potential that clean energy offers Africa to unlock economic and climate action progress,” said UAE’s minister for Foreign Affairs and International Cooperation In which the UAE is committed to advancing sustainable development in the Global South – and especially in our brotherly nations in Africa
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