Tag Archives: Egipto

252 MW wind power plant in Gulf of Suez ‘milestone’ in Europe-Egypt relations

The opening of a 252-megawatt wind power plant in the Gulf of Suez is an important milestone in the long-term partnership between Egypt and Europe, Eric Chevallier, French ambassador in Cairo, said on Sunday. During the inauguration of the wind farm, Chevallier told Egypt Today that France is committed to cooperating with the European Union, … Continue reading 252 MW wind power plant in Gulf of Suez ‘milestone’ in Europe-Egypt relations

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Masdar and partners sign deal for 10 GW of wind power in Egypt

Masdar, the UAE’s leading renewable energy company, its joint venture Infinity Power and its Cairo-based partner Hassan Allam Utilities, on Wednesday signed a land access agreement for its 10 GW onshore wind project in Egypt with the government of the country. The signing, witnessed by Egyptian Prime Minister Moustafa Madbouly, is a major step towards … Continue reading Masdar and partners sign deal for 10 GW of wind power in Egypt

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Egypt’s NREA, ACWA Power-led alliance pen $1.5bln wind energy project

Egypt’s New and Renewable Energy Authority (NREA) and a consortium led by ACWA Power have signed a usufruct agreement for a 1.1-gigawatt wind energy production project in the Gulf of Suez and Gabal El-Zeit regions, with $1.5 billion in investments, the Egyptian cabinet stated on January 10th. Photo used for illustrative purpose only. Wind turbines, … Continue reading Egypt’s NREA, ACWA Power-led alliance pen $1.5bln wind energy project

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Egypt’s NREA signs land allocation agreement for 3 GW of wind power in Sohag

Land allocation agreement signed with a consortium comprised Orascom Construction PLC, ENGIE, and Toyota Tsusho Corporation. The Egyptian New and Renewable Energy Authority (NREA) has signed a land allocation agreement with a consortium comprised Orascom Construction PLC, ENGIE, and Toyota Tsusho Corporation to establish a three-gigawatt (GW) wind farm in west Sohag, according to a … Continue reading Egypt’s NREA signs land allocation agreement for 3 GW of wind power in Sohag

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ACWA Power is awarded land for 10 GW of wind power in Egypt

ACWA Power, a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, today signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt. The agreement was signed … Continue reading ACWA Power is awarded land for 10 GW of wind power in Egypt

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Envision to Power 500 MW Wind Project in Egypt Financed by IFC and JBIC

Envision Energy, a global leader in renewable energy solutions, is pleased to announce that its state-of-the-art wind turbines have been selected for the Amunet 500 MW wind farm project in Egypt, developed by UAE-based AMEA Power. Leveraging Envision’s proven technology and track record, the project has successfully obtained financing from a prominent consortium of banks, … Continue reading Envision to Power 500 MW Wind Project in Egypt Financed by IFC and JBIC

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Financial closing agreement to establish wind farm in Gulf of Suez

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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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

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Egypt’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

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UAE, 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

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EBRD 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

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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 considers 6.3 GW wind energy, concentrated solar power and PV projects

The New and Renewable Energy Authority (NREA) is studying requests to build power plants at a total capacity of 6.34GW, of which 2.75GW projects are by the private sector. NREA Head Mohamed Al-Khayat told Daily News Egypt that the potential projects include photovoltaic power plants with a capacity of 170MW and wind farms of 250MW … Continue reading Egypt considers 6.3 GW wind energy, concentrated solar power and PV projects

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A delegation from the Egyptian national energy agency visits one of Indertec’s concentrated solar power plants

On Tuesday, February 25, a delegation from the NREA (The Egyptian National Renewable Energy Agency) visited the inPOWER concentrating solar power plant that CSIN (the Indertec company that markets the Thermosolar energy modules) is building in Magtel (Seville). This visit is part of a project led by CENER, National Center for Renewable Energies under the … Continue reading A delegation from the Egyptian national energy agency visits one of Indertec’s concentrated solar power plants

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Egypt plans to establish $1.2bn concentrated solar power plantsEgypt plans to establish $1.2bn concentrated solar power plants

Smart Engineering Solutions, in cooperation with the Ministry of Military Production, plans to launch concentrated solar power (CSP) plants and manufacture components of this system in Egypt with investments of $ 1.2bn. Osama Kamal, company’s chairperson told Daily News Egypt that they started the selection process of solar thermal companies to cooperate with, “from a … Continue reading Egypt plans to establish $1.2bn concentrated solar power plantsEgypt plans to establish $1.2bn concentrated solar power plants

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Siemens Gamesa boosts wind energy in Egypt with 250 MW

The West Bakr wind farm will generate 1,000 GWh per year and increase the installed wind capacity in the country by 18%. Siemens Gamesa will install 96 SG 2.6-114 wind turbines and perform the operation and maintenance tasks for 15 years. 70% of the work for the construction of the wind energy project will be … Continue reading Siemens Gamesa boosts wind energy in Egypt with 250 MW

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