Masdar to develop 10GW mega wind project in Egypt
The project is valued at US$10b.
Masdar (Abu Dhabi Future Energy Company PJSC) will be developing a 10-gigawatt capacity onshore wind farm project in Egypt, which is expected to be the largest in the world.
The project will be developed together with Infinity Power and Hassan Allam Utilities, in partnership with Egypt’s New and Renewable Energy Authority. It will cost over US$10b.
"This 10GW onshore wind project is set to be one of the largest wind farms in the world, and largest on the African continent,” Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, said.
“It is a sign of the strong partnership between the UAE and Egypt, with great potential to create jobs, cut emissions, and power homes with clean electricity at competitive economical costs.”
The landmark wind project will produce 47,790GWh of clean energy per year and reduce around 9% of Egypt's annual carbon emissions by displacing 23.8 million tonnes of carbon dioxide annually.
It is also expected to aid Egypt in attaining its plan to source 42% of its energy from renewables by 2030.