Close

Egypt, Vestas-led intl group agree to build 250-MW wind farm

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back

Related stories

Egypt Enters $340 Million Oil and Gas Exploration Deals

Egypt entered into four new oil and gas exploration...

TVA and ENTRA1 Collab for Largest SMR Deployment in USA

The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1)...

Westinghouse Signs MoUs to Advance UK Nuclear Energy Sector

US-based Westinghouse Electric Company has formalised a series of...

Enbridge Announces Two Gas Transmission Projects in the US

Enbridge Inc. announced that it has reached a final...

Egypt’s New and Renewable Energy Authority (NREA) and an Italian-French-Chilean alliance led by Danish turbine maker Vestas Wind Systems A/S (CPH:VWS) have signed an agreement to realise a 250-MW wind project in the Gulf of Suez.

Involving an investment of around EUR 228 million (USD 270.2m), the project will be financed through an umbrella agreement between the Egyptian government and a several European entities, including the EU, the European Investment Bank (EIB) and German and French development banks, according to a statement by NREA.

The project site is located on the west coast of the Gulf of Suez in the Red Sea Governorate. Egypt expects to build and connect the wind farm within 35 months.

Once in operation, the new facility will generate an estimated 840 GWh per year and help save around 175,000 tonnes of oil equivalent annually.

Latest stories

Related stories

Egypt Enters $340 Million Oil and Gas Exploration Deals

Egypt entered into four new oil and gas exploration...

TVA and ENTRA1 Collab for Largest SMR Deployment in USA

The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1)...

Westinghouse Signs MoUs to Advance UK Nuclear Energy Sector

US-based Westinghouse Electric Company has formalised a series of...

Enbridge Announces Two Gas Transmission Projects in the US

Enbridge Inc. announced that it has reached a final...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back