Egypt to Sign Pact with Masdar for Wind Farm




Egypt is scheduled to sign a deal with Abu Dhabi’s Masdar in order to build a 200-MW wind farm along the coastline of the Gulf of Suez.

 

"The agreement will allow for the construction and start of implementation of the first 200 MW wind farm in the country," Aktham Aboul Ela, a senior official at the Electricity and Energy Ministry, told Reuters, adding other individual wind farm projects had lower capacity.


Egypt aims to generate 12% of its power from wind farms out of a total of 20 percent from renewable sources by 2020 and is seeking to attract $110 billion in investments in its energy sector by 2027.


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