Masdar first large-scale wind farm in the GCC set | Economy | Saudi Gazette

Masdar first large-scale wind farm in the GCC set | Economy | Saudi Gazette:



"Masdar, Abu Dhabi’s renewable energy company, signed on Oct. 22 a joint development agreement with the Rural Areas Electricity Company (RAECO) to build the first large-scale wind farm in the Gulf Cooperation Council (GCC). The $125 million, 50-megawatt wind farm in the Sultanate of Oman will be constructed in the country’s Dhofar Governorate.



The project is estimated to generate enough clean electricity to power 16,000 homes and mitigate 110,000 tons of CO2 per year. The project will consist of up to 25 wind turbines and construction begins the final quarter of 2015.



The first-of-its-kind wind project is a result of strong bilateral ties between the United Arab Emirates (UAE) and Oman. The project also reflects the increasing trend by GCC nations to invest in renewables as a means to diversify the energy mix and address long-term resource security. "



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