Masdar, Infinity Power and Hassan Allam Utilities have signed an MoU to develop a 10GW onshore wind project in Egypt. The agreement was signed at the COP27 in Sharm El-Sheikh, by Dr. Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology, UAE special envoy for cimate, and chairman of Masdar, and Dr. Mohamed Shaker El-Markabi, Egypt’s minister of electricity and renewable energy at COP27 in Sharm El-Sheikh.

Dr. Al Jaber said in a statement, “The size of this massive 10GW onshore wind project, one of the biggest wind farms in the world, is evidence of the United Arab Emirates and the Republic of Egypt’s aspirations for renewable energy. As the UAE gears up to host COP28 the following year, Masdar and the UAE will continue to support Egypt’s net-zero ambitions and work to build on the progress established here at COP27.”

When finished, the 10GW wind farm in Egypt will provide 47,790 GWh of renewable energy each year. As well as eliminate 23.8 million tonnes of carbon dioxide emissions. The project will be a part of Egypt’s Green Corridor plan, a grid specifically for renewable energy projects. Furthermore, it will assist Egypt in achieving its goal of obtaining 42% of its energy from renewable sources by 2035.

Also Read: Egypt breaks ground on 500MW wind farm in Ras Gharib

Remarks on the proposed 10GW wind project in Egypt

Mohamed Ismail, Infinity Power chairman, said, “The project will enable Egypt to advance in its transition to a green economy. By enabling the nation to conserve enormous volumes of natural gas. As well as achieving economic growth, reducing carbon emissions, and increasing access to renewable energy sources.”

Masdar and Hassan Allam Utilities signed two memorandums of understanding (MoUs) in April with institutions supported by the Egyptian government. To work together on the construction of 4GW green hydrogen production plants in the Suez Canal Economic Zone. By 2026, a green hydrogen production facility capable of producing 100,000 tonnes of e-methanol yearly for bunkering in the Suez Canal will be built and operating as part of the project’s first phase.

Egypt has a wealth of solar and wind resources to generate renewable energy at a very affordable price. Which is a crucial prerequisite for the creation of green hydrogen.