The Agreement is for the development, financing, construction, ownership and operation of the plant in Hurghada
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Egypt has signed a groundbreaking 20-year agreement to buy wind-generated electricity from Saudi company ACWA Power at 2.4 US cents per kilowatt-hour. The deal, announced by a government official following cabinet approval, is a key part of Cairo’s strategy to boost renewable energy production. The wind plant will be built south of Hurghada on Egypt’s…
The Agreement is for the development, financing, construction, ownership and operation of the plant in Hurghada
ACWA Power will be carrying out the largest wind farm in Egypt with a significant investment of approximately $2.30 billion, according to a press...
CAIRO, March 5 (MENA) – Egypt’s ambassador in Riyadh Ehab Abu Srei asserted Cairo’s interest in attracting more Saudi investments especially in...
ACWA Power has signed a 25-year power purchase agreement (PPA) with the EETC for a 2GW wind project in Egypt.
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