The state-owned UAE renewable energy firm, Masdar, has entered into a partnership with Ethiopia to construct an additional 500MW of solar power capacity within the nation.
The accord was formalized during a visit to Ethiopia by Sheikh Mohammed bin Zayed Al Nahyan, the UAE’s President, Sheikh Mansour bin Zayed Al Nahyan, the UAE’s Vice President, and Abiy Ahmed, the Prime Minister of Ethiopia.
The discussions about establishing fresh solar power capacity commenced between the two nations in 2021; however, no commercial projects have yet commenced operations.
Masdar has also committed to other clean energy initiatives in Africa, including an ambitious plan to develop 5GW of new capacity spanning Angola, Uganda, and Zambia.
This announcement was made in January of the current year, as the UAE administration strives to position itself as a frontrunner in the worldwide energy transition. This most recent agreement is a component of the Etihad 7 program, launched by the UAE in January 2022.
The initiative’s objective is to deploy 20GW of renewable energy capacity across Africa by the year 2035. The broad involvement of UAE policy might facilitate the realization of an operational solar project within Ethiopia.