UAE and Egypt witnessed the signing of an agreement to develop one of the world’s largest onshore wind projects in Egypt

President UAE and the President of Egypt witnessed the signing of an agreement between Masdar, one of the world’s fastest-growing renewable energy companies, along with its Infinity Power joint venture with Infinity, Egypt’s main renewable energy developer, and Hassan Allam Utilities, to develop a 10-gigawatt (GW) onshore wind project in Egypt one of the largest wind farms in the world.

The Memorandum of Understanding was signed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, UAE Special Envoy for Climate, and Chairman of Masdar, and Sabah Meshaly, chairwoman of the Egyptian Electricity Transmission Company (EETC), on the sidelines of the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh.

When completed, the 10 GW wind farm will produce 47,790 GWh of clean energy annually and offset 23.8 million tonnes of carbon dioxide emissions — equivalent to around 9 percent of Egypt’s current CO2 emissions.

The project will be part of Egypt’s Green Corridor initiative — a grid dedicated to renewable energy projects — and will contribute to Egypt’s goal of ensuring renewable energy makes up 42 percent of its energy mix by 2035.

The wind farm will also save Egypt an estimated US$5 billion in annual natural gas costs, and help create as many as 100,000 jobs. Direct employment in the construction phase is estimated at around 30,000, with as many as 70,000 people being employed indirectly. After construction, around 3,200 jobs will be added for operation and maintenance.