The Egyptian Cabinet announced, Wednesday, that the Red Sea Wind Energy Consortium signed a financial closing agreement worth $680 million for a project to establish a wind farm in the Gulf of Suez with a capacity of 500 megawatts. The cabinet added in a statement that the agreement was signed by representatives of the Red … Continue reading Financial closing agreement to establish wind farm in Gulf of Suez
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Egypt to become Africa’s top wind power generator by 2030
Egypt is expected to become Africa’s top wind power generator by 2030, according to the Information and decision support center affiliated with Egypt’s Cabinet. In an Infographic, published by the center on it’s social media accounts, it showed that Egypt will become the top generator followed by Morocco and Algeria. Also China will remain the … Continue reading Egypt to become Africa’s top wind power generator by 2030
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DNV and PETROJET sign MoU to support green hydrogen projects in Egypt
DNV, the global independent energy expert and assurance provider, signed a memorandum of understanding (MoU) with PETROJET, a leading regional Engineering-Procurement-Construction (EPC) contractor, to strengthen their collaboration for the energy transition in Egypt through the development of green hydrogen and its derivatives (including ammonia). The MoU aims to scope areas in which DNV can … Continue reading DNV and PETROJET sign MoU to support green hydrogen projects in Egypt
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Infinity Power adds 1 GW African wind power portfolio
Infinity Power has completed the acquisition of the entire shareholding of Lekela Power, adding the group’s 1GW of African wind energy projects. The assets are located across South Africa, Egypt and Senegal. In addition, Lekela has a 1.8 GW project pipeline in various stages of development. The transaction was funded through equity investment from shareholders … Continue reading Infinity Power adds 1 GW African wind power portfolio
Continue readingEgypt’s $11bn wind project aiming to power Europe and Saudi Arabia to be operational by 2030
One of the world’s largest wind farms being built in Egypt is set to become operational by 2030 with construction set to begin in 2024, according to Infinity Power, one of the main companies backing the project. The $11 billion wind farm is being built by a consortium led by Abu Dhabi-owned Masdar and Infinity Power … Continue reading Egypt’s $11bn wind project aiming to power Europe and Saudi Arabia to be operational by 2030
Continue readingUAE, Egypt ink major wind energy deal on COP27 sidelines
The United Arab Emirates and Egypt agreed Tuesday to develop one of the world’s largest wind farms in a deal struck on the sidelines of the UN’s COP27 climate summit in Sharm el-Sheikh. The 10-gigawatt (GW) onshore wind project in Egypt will produce 47,790 GWh of clean energy annually once it is completed, the UAE’s … Continue reading UAE, Egypt ink major wind energy deal on COP27 sidelines
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Consortium breaks ground for 500-megawatt onshore wind farm in Egypt
The project is being developed by the Orascom Construction, Toyota Tsusho/Eurus Energy Holdings and ENGIE consortium on Build-Own-Operate basis. A consortium of Egypt’s Orascom Construction, France’s ENGIE and Japan’s Toyota Tsusho/Eurus Energy Holdings have announced a new 500-megawatt (MW) onshore wind farm project in Ras Gharib on the Gulf of Suez. The same consortium had … Continue reading Consortium breaks ground for 500-megawatt onshore wind farm in Egypt
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Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys. “Egypt is keen to support the efforts of African countries to access clean energy from renewable sources,” he stated, explaining that there is a plan to localize … Continue reading Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
Continue readingEBRD to help fund transition from gas to wind power in Egypt
El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) ayudará a financiar el desmantelamiento de 5 GW de centrales eléctricas de gas ineficientes en Egipto a partir de 2023 y promete hasta $ 1 mil millones para energía renovable, dijo. el domingo su director regional. El BERD recaudaría hasta $300 millones en financiamiento soberano … Continue reading EBRD to help fund transition from gas to wind power in Egypt
Continue readingACWA Power and Hassan Allam to build wind farm in Egypt
The wind farm will be the largest in the Middle East and one of the largest in the world. ACWA Power and Egyptian engineering firm Hassan Allam Holdings have signed a project agreement to develop a 1.1GW wind project. The wind project will be located in Egypt’s Gulf of Suez and Gabal el Zeit area … Continue reading ACWA Power and Hassan Allam to build wind farm in Egypt
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Global Wind Energy Council launches wind industry’s COP27 campaign at Egypt’s West Bakr wind farm
The Global Wind Energy Council (‘GWEC’) today launched the wind industry’s journey to COP27 campaign at the new West Bakr wind farm in Egypt. Following the visit, the GWEC team will be meeting throughout the week with Egyptian authorities to plan how the wind industry can contribute to the crucial talks in Sharm-El-Sheikh in November. … Continue reading Global Wind Energy Council launches wind industry’s COP27 campaign at Egypt’s West Bakr wind farm
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Siemens Gamesa delivers 250 MW of clean wind energy to Egypt
Erection and commissioning of 96 SG 2.6-114 wind turbines in less than 10 months; Long term maintenance provided through a 15-year service agreement; Generation of 1,000 GWh per year increasing Egypt’s installed wind energy capacity by 18%; First renewable energy project in Egypt to be energized through a 220kV Gas Insulated Substation developed by Siemens … Continue reading Siemens Gamesa delivers 250 MW of clean wind energy to Egypt
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New consortium to develop wind farm in Egypt
Orascom Construction (Orascom) has announced that its consortium with Toyota Tsusho Corp./Eurus Energy Holdings Corp. and ENGIE has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb, Egypt for 20 years. Orascom will have a 25% stake in the project and … Continue reading New consortium to develop wind farm in Egypt
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Egypt plans to increase solar and wind power
Under its 2030 vision, Egypt plans to increase the supply of electricity generated from renewable sources to 20 percent by 2022 and up to 42 percent by 2035, with wind power providing 14 percent, hydro power 2 percent, photovoltaic (PV) 22 percent, and concentrated solar power (CSP) 3 percent by 2035. Egypt has advanced from … Continue reading Egypt plans to increase solar and wind power
Continue readingEgypt: Wind brings clean energy, growth and hope
To understand sustainable development, you need to look no further than Siemens Gamesa’s recent wind energy projects at Ras Ghareb, Egypt. From supporting health and education at the Ras Ghareb wind energy project, to providing employment and protecting biodiversity at the West Bakr wind farm, these projects are not just about providing clean electricity. The … Continue reading Egypt: Wind brings clean energy, growth and hope
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ACWA Power consortium wins Red Sea Project utilities deal
The Red Sea Development Company (TRSDC) has awarded its highest-value contract to date to a consortium led by ACWA Power to design, build, operate and transfer The Red Sea Project’s utilities infrastructure. The contract, procured as an independent public-private partnership (PPP), will cover the design, construction and operation of the systems providing utilities, accompanied by … Continue reading ACWA Power consortium wins Red Sea Project utilities deal
Continue readingEgypt to establish new wind power complex with 2000 MW
Minister of Electricity and Renewable Energy Mohamed Shaker announced that work is now underway to construct a new wind power complex with a capacity of 2,000 megawatts in the Red Sea governorate – of which 500 megawatts will be generated by the German company Siemens. In a Sunday statement Shaker added that this step would … Continue reading Egypt to establish new wind power complex with 2000 MW
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Wind energy in Egypt, Vestas’ wind turbines for 252 MW EPC wind farm
The New and Renewable Energy Authority (NREA) has placed a 252 MW order with Vestas for the Gulf of Suez 1 wind project in Gulf of Suez, Egypt. Vestas has developed a solution that comprises the supply and installation of 70 V105-3.45 MW wind turbines in 3.6 MW Power Optimised Mode and a three-year Active … Continue reading Wind energy in Egypt, Vestas’ wind turbines for 252 MW EPC wind farm
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Egypt, Denmark ink agreement on green transformation, renewable energy
Egypt’s ministries of international cooperation and electricity have inked the Egyptian-Danish Energy Partnership Program (2019-2022) agreement with the Energy Agency of the Danish Ministry of Climate, Energy and Utilities to push forward Egypt’s green transformation and invest in renewable energy. The agreement was signed by Minister of International Cooperation Rania Al-Mashat and Minister of Electricity … Continue reading Egypt, Denmark ink agreement on green transformation, renewable energy
Continue readingEgypt inks $272mln wind power plant deal
Egypt’s New and Renewable Energy Authority (NERA) signed a contract with an Italian-French-Chilean consortium led by Vestas to build a wind power plant. The deal includes the establishment of a wind farm in the Gulf of Suez with a capacity of 250 megawatts (MW), the Minister of Electricity and Renewable Energy, Mohamed Shaker, said in … Continue reading Egypt inks $272mln wind power plant deal
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