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Friday, 12 October 2018 09:42

Egypt to see €2 billion investments in wind power

Egypt, Cairo: Over the next seven years Siemens Gamesa will be implementing wind farm projects in Egypt that are worth €2 billion, reports Daily News Egypt.

According to Ayman Saad, executive director of Siemens Gamesa, the company received land to establish a 180 MW wind farm in Ras Ghareb, and a 650 MW wind farm in the Gulf of Suez, while negotiations are still ongoing to obtain more land and continue projects of 2,000 MW in total.

Siemens Gamesa will establish a transformer substation to move the energy produced from the first wind farm in Ras Ghareb, with a capacity of 220 kV to transfer 180 MW, and another transformer station of 500 kV to transfer 650 MW, Saad told Daily News Egypt.

Siemens Gamesa, if it wins the tender, will handle implementation of all electric, civil, and supply of turbines work, along with the establishment of a transformer substation.

Saad said that the company is waiting to sign the first phase contract to begin negotiations to obtain lands in the Gulf of Suez, to establish later phases of the project.

Source: Daily News Egypt

Additional Info

  • Continent: Africa
  • Category: Business