Agreements signed under umbrella of Etihad 7 – a global development fund launched by the UAE to provide 100 million people across African continent with clean electricity by 2035ABU DHABI, UAE /PRNewswire/ — Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).The agreements were signed under the umbrella of the Etihad 7 initiative, a UAE-led initiative that aims to raise public- and private-sector funds to invest in the development of Africa’s renewable energy sector. Etihad 7 was launched at ADSW 2022 by HE Sheikh Shakhboot Nahyan Al Nahyan, Minister of State in the UAE Ministry of Foreign Affairs and International…
Masdar to develop 5GW of renewable energy projects to advance Africa’s clean energy objectives
