Masdar from the UAE and EDF from France Collaborate on Exploring Hydropower Initiatives in Kyrgyzstan

04 Dec, 2023

Masdar from the UAE and EDF from France Collaborate on Exploring Hydropower Initiatives in Kyrgyzstan

Abu Dhabi's leading clean energy firm, Masdar, and France's EDF have entered into a collaborative agreement with Kyrgyzstan to explore the development of hydropower and renewable energy projects, with a combined capacity of up to 3.6 gigawatts in the nation. This strategic move marks Masdar's inaugural foray into hydropower, leveraging the natural flow of water to generate electricity.

Dr Sultan Al Jaber, Cop28 President, emphasized the global imperative to utilize all available clean energy sources at Cop28 to limit temperature rises. Dr Al Jaber, who also serves as the Minister of Industry and Advanced Technology and the Chairman of Masdar, highlighted hydropower as one of the oldest and most positive clean energy sources, aligning with countries' climate goals and net-zero targets.

Kyrgyzstan aims to reduce its greenhouse gas emissions by 44% by 2030 and achieve carbon neutrality by 2050. The country's hydro-rich energy sector faces challenges such as aging infrastructure, losses, weather-related shocks, and increasing demand. With over half of its energy needs dependent on oil and gas imports, especially during low hydropower production in winter, the exploration of hydropower projects promises to address these issues.

Mohamed Al Ramahi, CEO of Masdar, described the agreement as a pivotal moment in Masdar's clean energy journey, emphasizing its role in strengthening the UAE's ties with the Kyrgyz Republic. Masdar, active in over 40 countries, aims to expand its renewable energy capacity to 100 gigawatts and produce one million tonnes of green hydrogen annually by 2030.

In a recent development, Masdar announced plans for a 150-megawatt solar power plant in Angola, contributing to electricity provision for 90,000 homes and substantial emissions reduction. This expansion aligns with Masdar's commitment to global operations and sustainable energy development, illustrating its dedication to achieving ambitious renewable energy targets.