ADCB launches ClimaTech Accelerator 2025    Egypt's golf chief Omar Hisham Talaat elected to Arab Golf Federation board    Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt's FRA approves first digital platform for real estate fund investments    Egypt signs 15-year deal with Deutsche Bahn-El Sewedy consortium to run high-speed rail network    Egypt launches National Strategy for Rare Diseases at PHDC'25    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt's new solar, wind developments
Published in Bikya Masr on 16 - 07 - 2010

CAIRO: The Egyptian government hopes two new projects will help push forward solar and wind energy in the country. According to the country's Electricity Minister Hassan Younis, Egypt is planning to build a 100-megawatt solar power plant in order to meet the growing electricity needs facing the country.
Hassan Younis was quoted last weekend by the official Middle East News Agency (MENA) as saying the project will cost about $700 million and will be financed by the World Bank and the African Development Fund.
Younis said the photovoltaic power plant will be built in Kom Ombo, near the Aswan High Dam hydroelectric plant in southern Egypt.
Elsewhere, wind power initiatives apparently have gotten a push, with the ministry reporting that bids for the construction of a 1,000 Megawatt energy park in the Gulf of Suez will open this Septemeber.
The new facility will be located on the Gabal el-Zeit area and will be a “build-own-operate” idea that will give more incentive for companies to put forward tender bids, said ministry spokesman Aktham Abou el-Ella.
“Ninety percent of the land in Egypt is empty and is suitable for setting up wind farms,” Abou El-Ella said.
“With solar power, plant costs are very high, and with hydraulic power reaching its maximum capacity, wind farms remain the best option for renewable energy in Egypt.”
Wind is not new to Egypt, with a 500 MW power plant already established in the Zaafrana are of the Gulf of Suez, however, the ministry believes that this new effort will spark more interest in the budding field.
“We believe that through the incentive idea, companies will be more willing to enter the market because they will get the profits from their construction as well,” el-Ella told Bikya Masr.
Despite the positive efforts made by the North African country to have 14 percent of its power from renewable sources of energy, the ministries of electricity and environment believe the country can double this by 2025 if options are made available.
According to an environment ministry official in the Red Sea, Egypt has the potential to “show the world how renewable energy can be profitable and sustainable.”
BM


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