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The Egyptian Cabinet has approved the proposal submitted by the coalition Engie, Toyota, and Orascom to implement additional wind energy capabilities of up to 150 megawatts, according to a statement released by the Cabinet.
The Egyptian Cabinet has approved the proposal submitted by the coalition Engie, Toyota, and Orascom to implement additional wind energy capabilities of up to 150 megawatts, according to a statement released by the Cabinet.
This can be executed concurrently with the current activities of the main alliance project with a capacity of 500 megawatts in the Gulf of Suez region by 2025. This came during the Cabinet’s meeting headed by Prime Minister, Mostafa Madbouly.
This will be under the same terms and prices of the original project agreements, utilizing a piece of land through usufruct adjacent to the project site to establish the mentioned additional capacity. The land falls within the area where wind studies and environmental assessments have been previously conducted by the alliance.
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These efforts are part of the endeavours aimed at swiftly introducing additional renewable energy capacities before the summer of 2025 to address the surge in demand for electricity and reduce dependence on fossil fuels. The Egyptian government intends to inject 4.5 gigawatts of new and renewable energy next summer.
