Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa's Clean Energy Objectives
These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
- These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
- The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
An agreement with Angola's Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW. - An agreement with Uganda's Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
- With Africa's massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent.