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First joint renewable energy field project in Egypt underway

January 26, 2010

MSN Arabia

Egyptian Minister of Electricity and Energy Hassan Yunis said Friday Egypt and the United Arab Emirates (UAE) would soon hammer out a framework deal for a 200 megawatts wind farm at the Gulf of Suez region in Egypt.

Egypt's New and Renewable Energy Authority (NREA) and the UAE's state-owned Abu Dhabi Future Energy Company will be involved in the project, he added.

Egypt has already allowed the private sector to launch the first private wind farm project in Egypt with a capacity of 250 megawatts under the building, operating and transferring (BOT) system, he said.

The electricity sector in the country has taken all guarantees to ensure successful investment in wind farms, the minister added.

He expected Egypt's wind capacity to reach 7,200 megawatts by 2020.

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