SHARM EL-SHEIKH, Egypt — The
UAE and Egypt
agreed Tuesday to develop one of the world’s largest wind farms in a deal
struck on the sidelines of the UN’s COP27 climate summit in Sharm El-Sheikh.
اضافة اعلان
The 10-gigawatt (GW) onshore wind project in Egypt
will produce 47,790GWh of clean energy annually once it is completed, the UAE’s
state news agency WAM said in a statement, without specifying an exact timeframe.
It will offset 23.8 million tonnes of carbon dioxide
emissions — equivalent to around nine percent of Egypt’s current CO2 output,
according to WAM.
The wind farm
will also save Egypt an estimated $5 billion in annual natural gas costs and
help create as many as 100,000 jobs, it said.
Emirati President Sheikh
Mohamed bin Zayed Al-Nahyan joined his Egyptian counterpart Abdel Fattah A-Sisi at the signing of the
agreement between the UAE’s Masdar renewable energy firm and Egypt’s Infinity
Power and Hassan Allam Utilities.
In a statement on Twitter, Sheikh Mohamed said the
deal was “consistent with our commitment to advance renewable energy solutions
that support sustainable development”.
The UN’s COP27 climate summit kicked off Sunday in
Egypt with warnings against backsliding on efforts to cut emissions and calls
for rich nations to compensate poor countries after a year of extreme weather
disasters.
COP28 will be held in the UAE from November 6–17,
2023.
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