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Masdar underscored its commitment at the 2023 Abu Dhabi Sustainability Week (ADSW) by signing agreements with three countries, Angola, Uganda and Zambia, to develop renewable energy projects with a combined installed capacity of up to 5 gigawatts (GW). Commitment to help African countries achieve a clean energy transition).
The agreements were signed within the framework of the Etihad 7 programme, a UAE-led initiative to mobilize public and private sector funds to invest in the development of the renewable energy sector in Africa. Launched at ADSW 2022 by Sheikh Shakhboot Nahyan Al Nahyan, Minister of State at the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Etihad 7 aims to achieve 20 GW of capacity to provide clean electricity to 100 million people across the continent by 2035.
Sheikh Shakhboot said: “Both the UAE and African countries strongly believe in the enormous potential of clean energy to unlock progress in Africa’s economy and climate action. This is why the UAE launched Etihad 7 at ADSW last year We will accelerate access to clean energy in Africa by delivering clean energy to everyone. The agreement signed this week at ADSW 2023 is a testament to the great traction we have achieved and the milestones we have achieved together over the past year.”
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman-designate of COP28 and Chairman of Masdar, said: “The UAE is committed to advancing sustainable development in the Global South – especially our brotherly African nations. These landmark agreements Aims to deliver up to 5 GW of energy to Angola, Uganda and Zambia, following the signing of an agreement for 2 GW of renewable energy projects in Tanzania last year. These further agreements will be transformative for local communities and will help African countries contribute to Its people drive economic growth while still meeting net-zero emissions goals.”
The Etihad 7 umbrella agreements signed at ADSW 2023 include:
· Agreement with the Angolan Ministry of Energy and Water for the development of renewable energy projects with a total installed capacity of 2 GW.
* Agreement with Uganda’s Ministry of Energy and Mineral Development to develop greenfield renewable energy projects with a total installed capacity of 1 GW.
· Agreement with Zambia’s Ministry of Energy and Zambia’s national utility ZESCO Limited to jointly develop solar, wind and hydropower projects with a total installed capacity of 2 GW. –trade arab news agency
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