- The deal was signed to allocate land for the wind farm project in West Sohag.
- The project would reduce carbon dioxide emissions by 6.5 million tonnes annually and create 7,000 job opportunities.
Egypt has signed a deal for a 3 GW (gigawatt) wind farm project in West Sohag to provide clean and sustainable energy to about two million Egyptian homes. The deal was signed to allocate land for the project to build, own, and operate a wind farm of about 852 km2.
The Minister of Electricity and Renewable Energy, Mohamed Shaker, said the project would reduce carbon dioxide emissions by 6.5 million tonnes annually. He said it would also create 7,000 job opportunities, including 2,000 direct jobs during construction, 5,000 indirect jobs, and 1,000 permanent jobs after operation. He added that the project is part of the Egyptian government’s vision to increase the share of renewable energy sources to 42 per cent by 2035.
The deal, witnessed by Prime Minister Mostafa Madbouly, was signed by the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy Authority, and an alliance of companies, including Orascom Construction PLC, French ENGIE, and Japanese Toyota Tsusho.
The deal is the second step in developing the project initiated by a memorandum of understanding signed by the alliance, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority during the COP27 in Sharm El-Sheikh in November 2022.