Masdar & Ethiopia: 500 MW Solar Partnership

• Masdar is partnering with Ethiopia to bring 500 MW of solar power capacity to the country, part of the UAE's Etihad 7 program, in an effort to improve access to clean energy in Africa. Masdar is also investing in renewable energy projects in Angola, Uganda, and Zambia.

Masdar has formed a partnership with Ethiopia to establish 500 MW of solar power capacity in the African country. The announcement is part of the UAE's Etihad 7 program, which was introduced in January 2020 and seeks to increase public- and private-sector investment in Africa's renewable energy sector, aiming for 20 GW of capacity by 2035. Masdar has also taken other initiatives in Africa to develop clean energy, including investing 2 GW in Angola, 1 GW in Uganda, and 2 GW in Zambia. Ethiopia has also launched a research and extension centre with China supported by the United Nations Development Programme to accelerate renewable energy development.

What Is Masdar's Role in Ethiopia's Solar Power Expansion?

• Masdar is investing 500 MW of solar power capacity in Ethiopia as part of the UAE's Etihad 7 program.
• The Etihad 7 program seeks to increase public- and private-sector investment in Africa's renewable energy sector, aiming for 20 GW of capacity by 2035.
• Masdar has also taken other initiatives in Africa to develop clean energy, including investing 2 GW in Angola, 1 GW in Uganda, and 2 GW in Zambia.
• Masdar is helping to finance a research and extension centre in Ethiopia, supported by the United Nations Development Programme, to accelerate renewable energy development.
• Masdar’s investments in Africa demonstrate its commitment to helping the continent reduce its reliance on fossil fuels and transition to renewable energy sources.