At COP28, Masdar commits $2 billion in equity by 2030 for the Africa Green Investment Finance Initiative, targeting $10 billion investments to deliver 10GW clean energy across six Sub-Saharan nations. The announcements include 150 MW solar projects each in Angola and Uganda, a 500MW initiative in the Republic of Congo, geothermal collaboration in Kenya, a potential 1GW in Mozambique, and a mining decarbonization partnership in Zambia.
Masdar powers Africa’s future with $10 billion clean energy investment
Masdar’s Mauritania Rural Electrification Program
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)