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    QONEQT in News

    09-Nov-2022 10:50 AM


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    UAE, Egypt ink major wind energy deal on COP27 sidelines

    The United Arab Emirates and Egypt agreed Tuesday (Nov 8) 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.
    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.
    Emirati President Sheikh Mohamed bin Zayed Al-Nahyan joined his Egyptian counterpart Abdel Fattah al-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".
    COP28 will be held in the UAE from Nov 6 to Nov 17, 2023.
    Source: CNA
    #UAE #Egypt