Infinity Power Holding Provides Renewable Energy to COP27
Infinity Power Holding, the joint venture between the UAE’s Masdar and Egypt’s Infinity, announced that the solar photovoltaic plant it has developed in Sharm El-Sheikh is now fully operational and ready to provide clean and renewable energy to COP27.
Infinity Power, which has been named a Principal Partner for COP27, can generate as much as 11,723 megawatt-hours of energy per year, enough to power more than 5,000 homes while cutting CO2 emissions by over 4,000 tonnes.
The 6-megawatts plant will continue to operate after the conference, providing clean energy to the city for years to come. Two other solar plants of equivalent size have also been developed ahead of COP27.
Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, said: “Masdar is fast developing as the partner of choice for many of Egypt’s most important clean energy projects.
"I am proud that we are able to deliver clean energy to support COP27 through our Infinity Power platform. The United Arab Emirates and Egypt share a common commitment to expanding the supply of renewable energy and supporting sustainable economic growth.”
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “COP27 represents a vital opportunity to turn positive words into impactful actions, so it is important that we do what we can to reduce its carbon footprint and showcase sustainable solutions to the world.
"This solar power plant will help deliver clean energy to the conference and will also provide a legacy of sustainability for the people of Sharm El-Sheikh in future years.”
Infinity Power has been established in 2020 to target power generation projects through renewable energy sources, including solar and wind technologies on utility- and industrial-scales in Egypt and Africa.
With current projects located across Egypt, South Africa, Senegal and Ghana, Infinity Power aims to eventually expand its operations across all 54 African countries, enabling electricity across all locations in Africa that are in most need of power.