UAE President, Egyptian counterpart witness signing of agreement to develop one of world's largest onshore wind projects in Egypt
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Tuesday, November 8, 2022
Suez Canal, Climate change, Multilateralism, Memorandum of Understanding on the Conservation of Migratory Birds of Prey in Africa and Eurasia, Global stocktake, Foreign Affairs, Infinity Power Chutes, Maintenance, Ministry of Foreign Affairs and International Cooperation (United Arab Emirates), Republic, United Arab Emirates, COP27, Memorandum, ABU, PACE, Ministry, Carbon, Infinity, CO2, Association, Wildlife, Conference, Leadership, Solution, Ministry of Electricity and Renewable Energy (Egypt), Natural gas, Wind, Climate, Special Affairs Department, Paris Agreement, 2016 United Nations Climate Change Conference, Farm, CEO, Renewable energy, Electricity, Masdar, Industry
Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court; H.H.
Key Points:
- Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court; H.H.
- 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.
- Egypt enjoys abundant solar and wind resources that allow for renewable-power generation at a highly competitive cost a key enabler for green hydrogen production.
- The UAE conference will include the first Global Stocktake since the 2015 Paris Agreement, a comprehensive report card assessing progress against key global climate goals.