Wind Energy
The New and Renewable Energy Authority will secure a land plot for Norway's Scatec ASA to build a wind farm western Sohag as per an agreement they signed Wednesday.
Prime Minister Mostafa Madbouli attended Tuesday evening the signing of an agreement between the Ministry of Electricity and Renewable Energy and the Abu Dhabi Future Energy Company (Masdar).
Those will be built by the UAE's AMEA Power.
The value of the projects to be established per those agreements is $85 billion.
In July, Egypt's Ministry of Electricity and Renewable Energy, and UAE's Masdar and ADNOC signed an agreement to build the farm.
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.
President Abdel Fatah al-Sisi received Thursday Dimirti Kopilosis, chairman of Greece's Kopilosis electricity corporate.
Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.
Prime Minister Mostafa Madbouli held Tuesday a meeting in Cairo with CEO of the African Funding Corporation (AFC) Samaila Zubairo and the accompanying delegation.
The Egyptian Atlas prepared by the New and Renewable Energy Authority indicates that desert areas extending over 7,673 kilometers are suitable for the establishment of wind farms.
Desert areas in Egypt extend over 7,673 kilometers.
The plant has a capacity of 580 megawatts.
Egypt vies for upping the share of renewable energy in the energy mix to become 20 percent in 2022, and 42 percent in 2035.
In spite of the increasing care given to renewable energy, particularly solar and wind, bioenergy is still overlooked.
The share of renewable energy in the total amount of power generated in Egypt annually is speculated to remain the same in 2020 compared to 2019.
The estimated cost of the project is $325 million, and it is expected to generate 2 billion kWH annually.
The total amount of electricity generated from renewable energy in Egypt has reached 6,000 megawatt, as the government seeks to increase the renewables’ share in the energy mix.
International funding focuses on utility and small scales
With plans to increase renewable energy’s contribution from 10% to 20% by 2022, wind and solar energy will be key players in to Egypt’s clean energy movement.
With plans to increase renewable energy’s contribution from 10% to 20% by 2022, wind and solar energy will be key players in to Egypt’s clean energy movement.
