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The UN climate summit is the venue for important regional agreements. The latest to end is the one between Egypt and the United Arab Emirates on Tuesday.Dignitaries of the two countries have pledged to cooperate on installation The largest onshore wind farm in North Africa, located in Egypt.
The agreement has been signed Sutan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology with his Egyptian counterparts. The two presidents of the UAE and Egypt witnessed the signing ceremony, accompanied by a firm handshake.
According to a statement from UAE energy officials, the wind farm project will have a capacity of 10 GW.For Sultan Ahmed Jaber, the project is a sign UAE’s clear will to achieve COP27 goalsand a strong commitment to clean and renewable energy.
Once completed, the project is expected to generate around 47,790 GW/h of clean energy annually, This will offset 23.8 million tons of CO2 emissions, equivalent to about 9% of Egypt’s total emissions. This is to promote Egypt’s Green Corridor initiative.
The Al-Sisi government also wants to diversify its energy mix. The Egyptian government aims to achieve 42% clean energy production by 2035. Egypt consumes about 1,054 terawatt hours per year And there is still a long way to go to get there, which seems overly optimistic. Of the 1,054 TW/h annual consumption in 2021, almost all, 619 TW/h and 355 TW/h from natural gas and oil, respectively.
According to UAE sources, the wind farm will save Egypt’s state coffers $5 billion in gas purchases and create about 30,000 jobs directly during the construction phase. When completed, the facility will create approximately 3,200 jobs.
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