Masdar, the Abu Dhabi government-owned renewable energy company, registered the Kafr el-Dawar project in Egypt under the United Nations Clean Development Mechanism.
The project will switch the fuel used by the Spinning, Weaving and Dying Co. in Kafr el-Dawar near Alexandria from heavy fuel oil to natural gas, reducing carbon emissions, the company said in a statement received by e-mail today.
Once approved, the project would receive tradable carbon credits, according to the statement. It is one of only 23 CDM projects registered in the Middle East and North Africa, the statement said. Masdar Carbon registered the project with TriOcean Carbon, a Cairo-based energy company.
