Name of the Project
Gulf of Suez wind farm project.
Location
The project is located on the west bank of the Gulf of Suez, about 400 km south-east of Cairo, Egypt.
The 57 km2 site is characterised by its arid desert conditions and has very favourable wind resources.
Client
New and Renewable Energy Authority (NREA).
Project Description
The project entails the design, construction and commissioning of a large-size onshore wind farm of about 200 MW, which will comprise the installation of up to 100 turbines. The site is characterised by its arid desert conditions and has very favourable wind resources.
Jobs to Be Created
Not stated.
Value
The total cost of the project is estimated at €334-million. The project is being financed by the European Investment Bank (€115-million), KfW (€72-million, including a €10.5-million grant), Agence Française de Développement (€50-million) and the New and Renewable Energy Authority. The European Commission is providing a grant of €30-million to the project.
Duration
Not stated.
Latest Developments
Not stated.
Key Contracts and Suppliers
European Investment Bank, KfW, Agence Française de Développement and European Commission (finance).
On Budget and on Time?
Not stated.
Contact Details for Project Information
NREA, tel +20 2272 5891, +20 2271 7173 or email reic@nreaeg.com.