Wind News
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10 Wind MoUs Signed by Egypt in 2022/23
Egypt is anticipated to become a leading wind energy market owing to a series of GW-scale wind and green hydrogen developments underway.
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EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa
EBRD has issued a loan of up to $100 million for the development, construction, and operation of a new 500 MW onshore wind farm in the Gulf of Suez.
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Egypt signs $680M agreement to establish wind farm in Gulf of Suez
The minister explained that the role of the Red Sea Wind Energy Company is to operate and maintain the wind farm under a 25-year PPA.
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Engie consortium achieves financial close for 500MW Egypt wind farm
The consortium will operate and maintain the wind farm under a 25-year power purchase agreement (PPA) with the Electricity Transmission Company.
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500 MW Gulf of Suez 2 wind farm project achieves a major milestone in Egypt
The consortium will operate and maintain the wind farm under a 25-year PPA with the EETC.
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PM Follows Up on Electricity Rationalization, Renewable Energy Projects
Shaker showcased efforts to implement ambitious linking projects with the other countries as well as developing transmission networks.
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Mashat: Egypt is 1st country to launch CCDR in MENA region
International Cooperation Minister Rania al-Mashat said that Egypt is the first country to launch the Country Climate and Development Report (CCDR).
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UAE-Egypt firm Infinity Power strikes Africa's 'biggest renewable energy deal'
It has completed a full acquisition of African wind power platform Lekela Power, in what it’s calling Africa’s biggest renewable energy deal.
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Egypt is seen as resource-rich country for private energy sector: German officials
1st high level steering committee meeting was held on energy and hydrogen cooperation between Egypt and Germany.
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Egypt to be Africa's top wind generator by 2030
South Africa, currently Africa's top ranked wind producer (25th), will drop to 28th by 2030, and be replaced by Egypt as the continent's top.
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Egypt, Germany discuss investment in energy sector
The minister also pointed the successful cooperation and partnership with Siemens Corporation to set up three mega stations to generate electricity.
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Egypt, UAE to jointly support global climate action at COP28
Egypt is calling on Arab countries to strengthen their collective action to address these challenges.
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To what extent will renewable energy projects be affected by current economic crisis?
Egypt has taken all the necessary steps to attract both foreign and local investments for the renewable energy projects.
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Toyota Tsusho : to participate in second Wind Power IPP project in Egypt
This is the second wind power project for the Toyota Tsusho Group in Egypt. It is with a power generation capacity of approximately 500 MW.
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Japanese, European banks extend $501MN for Egypt wind project
Nippon Export and Investment Insurance (Nexi), Japan's official export credit insurer, is paying for the commercial banks' share of the loan.
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GV Developments and TAQA Arabia sign a cooperation agreement to launch “Tarboul Infra”
The agreement serves to accelerate the completion of the infrastructure and provide clean energy sources for the first phase of the city of Tarboul.
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Supporting Egypt’s transition to a greener economy
The programme also offers a technical assistance package and financial incentives from the European Union.
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UK-funded CFA Egypt to support 9 low-carbon climate projects in Egypt
The nine projects were chosen out of almost 50 applications in the renewable energy, waste, blue economy, agriculture, and manufacturing sectors.
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Egypt-UAE sign deal to build 1,000-MW of solar and wind power
The company expects to bring the solar photovoltaic (PV) plant online in the first quarter of 2025 and the wind farm in the second quarter of 2025.
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Egypt signs deal for construction of 1,000-MW worth of solar and wind power
The two projects, the 500MW Abydos solar plant located 600km south of Cairo in Aswan governorate and the 500MW Amunet wind farm 318 km south of Cairo.