Egypt Wants To Construct 2 Large Solar, Wind Projects
- The New and Renewable Energy Authority revealed that the solar power plant that could be developed will have a generation capacity of 830 MW and also a wind energy project would generate concerning 1,700 MW.
- NREA detailed both planned projects as 'under research'.
The Egyptian federal government is deliberating the development of 2 large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind power plants will certainly be constructed in the North African Arab.
The New and Renewable Energy Authority (NREA), which is mandated with the growth of clean and also green energy sources of power, exposed the plan of both projects in a meeting in Cairo when it presented its annual report. The NERA report consists of projects under research, under advancement and the completed projects.
NREA laid out the two organized projects as 'under research study.' The solar energy plant that could be developed will have a generation capacity of 830 MW and a wind energy project would certainly create regarding 1,700 MW.
The twin renewable energy projects are a part of the approach of Egypt to raise the share of renewables in its energy mix by 45 percent in 2035, reports state.
2 more wind energy projects have actually been accepted for building and construction by the Egyptian government. One is a 1,375 MW wind power project in Zafarana. The other is a EUR 1.35 billion facility in Jebel El-Zeit in the Western Red Sea Governorate.
The report of NERA also discusses two RE projects that are currently complete. The Benban Solar Park in the Southern Aswan Governorate has actually been constructed with a financial investment of $2.2-billion that will have the energy generation capacity of about 1,465 MW. This solar park was developed by as lots of as 32 firms of both domestic as well as foreign origin.
Egypt's Renewable Rush
Previously this year, the Electricity and also Renewable Energy Ministry of Egypt stated that it intends to create about 10,000 MW renewable energy projects in 2023 including green hydrogen as well as green ammonia. Consequently, it assigned about 5,200 sq kilometres of location in different parts of Egypt to establish RE projects by the economic sector. ReNew Power, based in India's Gurgaon, authorized a MoU with the Egyptian authorities for the development of projects in Egypt for the manufacturing of green fuels by investing a massive $8 billion.