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UAE’s Masdar commits to support Ethiopia’s solar energy plans

UAE’s Masdar commits to support Ethiopia’s solar energy plans

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Additional plans call for the signing of power purchase agreements

ABU DHABI– Masdar and the Government of Ethiopia, are exploring the development of solar power projects with a total capacity of 500 megawatts (MW), along with the related grid infrastructure across Ethiopia.

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Ahmed Shide, Ethiopia’s Minister of Finance, signed a Memorandum of Understanding (MoU) at a ceremony yesterday at the Prime Minister’s office in Addis Ababa, the country’s capital.

The signing was witnessed by HE Abiy Ahmed Ali, Prime Minister of the Federal Democratic Republic of Ethiopia, who presided over the ceremony, and HE Mohamed Salem Al Rashdi, the UAE’s Ambassador to Ethiopia.

Source: zawya
Anand Gupta Editor - EQ Int'l Media Network