Related Articles
Egypt is expanding its solar capacity
Forward article link
Share PDF with colleagues

Cairo eyes role as clean energy exporter

Egypt starts to look beyond decarbonisation of its domestic power sector as investment in its renewables and emerging clean hydrogen sector gain momentum

While reaping record rewards from its gas exports, Cairo has also accelerated preparations this month to expand its emerging role as the Eastern Mediterranean’s clean energy hub. In mid-October, a consortium of France’s Engie, Japan’s Eurus Energy Holdings Corporation and the local Orascom Construction signed a 20-year agreement with state-owned Egyptian Electricity Transmission Company to develop a 500MW wind farm at Ras Ghareb, on the Gulf of Suez. The project is scheduled for completion in 2024. The trio had previously commissioned a 262.5MW facility nearby in 2019. Separately, Denmark’s Vestas and Amsterdam-based Lekela Power are also each developing 250MW plants in the same reliably w

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Turbine manufacturers post major losses
26 January 2022
GE and Siemens Gamesa Renewable Energy have announced multimillion-dollar losses over 2021 and the past quarter, while Vestas posts cautious 2022 guidance
New EIB-backed energy efficiency fund to tackle ‘huge underinvestment’
26 January 2022
Solas Sustainable Energy Fund to support energy efficiency projects mainly in Germany, Spain and Ireland and is aimed at small-to-mid-size insurers and pension funds
Crediting emissions saved in plugging oil and gas wells
26 January 2022
Avoided emissions could be credited as carbon offsets and sold on exchanges
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video