A consortium comprising Orascom Development, France’s Engie, Japan’s Toyota Tsusho Company, and Eurus Power Holdings has signed a contract with Egypt’s state-owned Egyptian Electrical energy Transmission Firm (EETC) to spice up the capability of a wind energy mission in Egypt to 650 megawatts.
In accordance with a press release by Orascom Development, the consortium prolonged its energy buy settlement with EETC so as to add 150 megawatts to the continued wind farm mission in Ras Ghareb, initially deliberate with a 500-megawatt capability. This enlargement will deliver the entire capability to 650 megawatts.
The plant’s first part, with a capability of 250 megawatts, is scheduled to be on-line in December 2024, two months forward of the unique deadline. The rest of the capability can be progressively introduced on-line by the third quarter of 2025, in accordance with the assertion.
To attain the extra 150 megawatts, the consortium will optimize using an adjoining plot of land, following a compressed timeline. This ensures that the complete 650-megawatt capability can be operational by the third quarter of 2025, as beforehand deliberate, even earlier than the enlargement.
The wind farm is about to offer clear vitality to over a million properties in Egypt, lowering carbon emissions by roughly 1.3 million tons yearly. This effort contributes to Egypt’s objective of accelerating its renewable vitality output as a part of the nationwide vitality combine, aiming to achieve 42 p.c by 2030, up from 11.5 p.c in 2023.
The consortium had beforehand developed a 262.5-megawatt wind farm in Ras Ghareb, the nation’s first impartial renewable vitality mission, which has been operational since October 2019. With the brand new enlargement, the consortium’s complete wind vitality manufacturing in Egypt will rise to 912.5 megawatts.
