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Masdar,one of the world’s leading renewable energy companies in Abu Dhabi signed an agreement to set up and operate a 500-megawatt wind farm project in Uzbekistan, the Abu Dhabi media office said in a tweet on Tuesday.
The agreement was signed between Uzbekistan’s Ministry of Investments and Foreign Trade and JSC National Electric Grid.This project is part of the country’s goal of developing 5 GW of renewable energy by 2030.
In January, Masdar, one of the world’s leading renewable energy companies, and Infinity Energy, Egypt’s leading renewable energy developer, have agreed to establish a joint venture company, Infinity Power, to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa.
The agreement was signed at Abu Dhabi Sustainability Week by Masdar CEO Mohamed Jameel Al Ramahi, Infinity Energy Managing Director and Co-founder Mohamed Elamin Ismail Mansour, and Infinity Energy CEO Nayer Fouad.
Masdar, Abu Dhabi Future Energy Company, is a global leader in renewable energy and sustainable urban development.It is Wholly owned by the Abu Dhabi government’s Mubadala Investment Company and is catalyst for renewable energy development in the Arab world over the past decade.