Post - Articles
Masdar and EDF sign MOU to develop 3.6 GW in Kyrgyz Republic
- 4 months ago (2023-12-04)
- David Flin
Masdar and EDF have signed an MOU at the COP28 talks in Dubai to investigate the potential development of 3.6 GW of hydropower and renewable energy projects in the Kyrgyz Republic.
Hydrogen Americas Summit
This is the first time that Masdar has incorporated hydropower into its portfolio. Masdar said that it aims to contribute to the Kyrgyz Republic’s existing clean energy capacity, which relies predominantly on hydropower plants. The Kyrgyz Republic generates approximately 90 per cent of its electricity from zero-carbon sources.
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology for UAE, Chairman of Masdar, and President of COP28, said: “Hydropower is one of the oldest clean energy sources and has many positive attributes that can help a number of countries around the world achieve their climate goals and meet their net zero targets.”