- Egypt advances with 8 GW wind power deployment.
- Private investments drive wind energy expansion.
Egypt progresses with 8 GW wind power deployment as Scatec and Engie secure land in Sohag. Private investment fuels Egypt’s wind energy aspirations, with NREA approving land for two projects.
Notable figures, including Mohamed Shaker and Hilde Klemetsdal, mark the signing ceremony. Mohamed El-Khayat signs the permit with Scatec for 5 GW.
Meanwhile, Orascam Construction seals a 3 GW pact with Engie and Eurus Energy. The projects aim to integrate 8 GW into the EETC grid, mitigating 17 million tonnes of CO2 annually.
Memorandums of understanding originated from COP27 in 2022. Minister Mohamed Shaker highlights the projects’ role in achieving Egypt’s 2030 renewable energy target of 42%. In reducing gas dependency amidst market fluctuations.
By 2022, Egypt sourced 90% of electricity from gas and oil, per Ember. Yet, progress in energy transition, fueled by IPPs like Scatec with 380 MW solar capacity, sets Egypt apart in North Africa. The Engie-Orascom Construction-Eurus Energy consortium’s 262 MW wind farm in the Gulf of Suez is already operational, with plans for a 500 MW expansion.
However, concerns arise over biodiversity impacts, especially on migratory birds. International financiers like EBRD now mandate biodiversity safeguards for such projects.