Egypt: International Bid On Wind Farm for electricity generation

The Ministry of Electricity and Energy announces for the first time, an international bid on the establishment of a 600-megawatt wind farm with usufruct system in the Gulf of Suez area. According to Ministers cabinet regulations, the government will benefit from a percentage of the power generated or a portion of its price with minimum of 2%.
The Minister of Electricity and Energy Mr.Mahmoud Balbaa said that this bid comes in line with the sector’s strategy to promote the use of renewable energy. He also assured that the ministry is keen to realize its goal to increase renewable energy contribution by 20% to the total electricity produced in Egypt by 2020 ,12% of which is to be generated by wind energy.

Source in Arabic: Al Arabiya