CAIRO: Mostafa Madbouly, prime minister of Egypt, and Sultan bin Ahmed Al-Jaber, UAE minister of industry and advanced technology, have agreed to set up working groups to formulate renewable energy agreements between Egypt and the UAE.
Madbouly, who is visiting the UAE, said that “one of the promising areas of Egyptian-Emirati cooperation is the new and renewable energy sector,” explaining that “there are directives from President Abdel Fattah El-Sisi to increase cooperation with brothers in the Emirates in this field, in light of the increasing demand for clean energy and green hydrogen.”
The prime minister touched on two renewable energy projects, the first related to the generation of 10,000 megawatts of wind energy in the Red Sea, and the second related to the generation of 200 gigawatts of solar and wind energy by creating a clean energy corridor, transferring it through a separate network, and then selling it to factories wishing to enter the field of green hydrogen production.
Al-Jaber welcomed the UAE’s cooperation with Egypt on the projects, stressing that the directives of Sheikh Mohamed bin Zayed Al-Nahyan, president of the state, always emphasized cooperation with Egypt.
Al-Jaber said that there was an opportunity to take advantage of the momentum associated with Egypt’s hosting of the COP27 climate conference and to carry out projects related to clean energy.