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United Arab Emirates 🇦🇪

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UAE plans to add up to 2,000 megawatts in second phase of wind project

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The United Arab Emirates (UAE) is planning to increase its wind energy project by 500 megawatts, adding to its current capacity of 2,000 megawatts. The second phase of the project will follow the independent power project model, which involves offtake agreements and a consortium with Masdar as the majority stakeholder. The remaining interest will be held by international consortiums made up of developers, operators, and investors. The winning consortium with the lowest levelised cost of electricity will enter into a special purpose vehicle (SPV), with the shareholding represented by the economic interests of the respective shareholders.
The Emirates Water and Electricity Company (Ewec), the single procurer of water and electricity in Abu Dhabi, will lead the implementation of the project. Masdar has already developed a 103.5-megawatt wind project in four locations, including a 45-megawatt wind farm on Sir Bani Yas Island. The UAE aims to achieve net-zero emissions by 2050, and this initiative is part of its efforts to diversify its energy mix and invest in renewable energy projects.
According to Mohammad El Ramahi, chief green hydrogen officer at Masdar, the wind project will help mitigate peak hours and improve renewable and clean energy availability throughout the day. He also added that it proves how technology can help stretch beyond just solar PV within the region. The UAE has been investing heavily in renewable energy projects to achieve its goal of net-zero emissions by the middle of the century.
https://www.thenationalnews.com/business/energy/2023/10/05/uae-plans-to-add-up-to-2000-megawatts-in-second-phase-of-wind-project/



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18 more agrees trigger contact with the recipient

  • Esther Wanjiku

    35 w

    These are welcome efforts towards clean energy

    4
    • Kevin

      35 w

      A big applause to the UAE for this brilliant investment

      4
      • winnie nguru

        35 w

        UAE is very ambitious and I beleive when they set up to conquer a challenge they definitely will

        3
        • Ann Nyambura

          36 w

          It's impressive to see the UAE embracing diverse renewable energy technologies beyond just solar PV.

          5
          • George Kariuki

            36 w

            The UAE's consistent investments in renewables underline its dedication to addressing climate change and reducing carbon emissions.

            5
            • Harrison wambui

              36 w

              This a great plan,kudos

              6
              • johnte ndeto

                36 w

                This is a great step towards renewable energy expansion, contributing to sustainability and reducing reliance on traditional energy sources.

                14
                • Elizabeth Gathigia

                  36 w

                  A great move, we must adopt clean energy and do away with fossil fuel

                  8
                  • Joseph Githinji

                    36 w

                    This is a great commitment, clean energy is the way to a sustainable future.

                    4
                    • walter lungayi

                      36 w

                      This is a positive step towards diversifying their energy sources and reducing their reliance on fossil fuels. This move not only contributes to the country's sustainability goals, but also showcases their commitment to renewable energy and the potential for wind power in the region.

                      13
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