Egypt plans to boost its electrical capacity by 750 MW with USD 700 million investments in wind and solar projects, set for completion by 2024. This includes a 250 MW wind project and a 500 MW solar station, advancing Egypt’s renewable energy goals.
July 23, 2024. By EI News Network
The Egyptian Ministry of Electricity and Renewable Energy plans to increase its electrical capacity by 750 MW with two new renewable energy projects, set for completion by the end of 2024, according to media reports.
The projects, involving wind and solar energy, require a total investment of USD 700 million. The first project, a 250 MW wind energy installation, will begin operations this August. This initiative is a collaboration between Orascom Construction, Toyota, and Engie, and is located in the Gulf of Suez near Ras Gharib. Additionally, a 500-megawatt solar power station, developed by the Emirati company Al-Nowais in Kom Ombo, Aswan…
