Electricity: Establishing a 250-megawatt wind farm at a cost of 4 billion pounds in the Gulf of Suez

Dr. Ayman Hamza, spokesman for the Ministry of Electricity and Renewable Energy, confirmed that the New and Renewable Energy Authority is currently constructing a 250-megawatt wind energy project in the Gulf of Suez complex on the Red Sea, at an investment cost of 4 billion pounds.

Hamza said in exclusive statements to “Youm7” that the plant will start operating at the beginning of 2023, explaining that the Gulf of Suez Wind Energy Complex is expected to include more than 3,000 megawatts implemented through international and national private sector companies.

Hamza said that the authority is also implementing a 50-megawatt solar cell project in the Zafarana area, Suez Governorate, with investments exceeding 500 million pounds, and it is expected to start operating in the middle of next year.

Hamza added that the total energy produced from renewable energy projects during the fiscal year 2020/2021 amounted to about 4508 gigawatt-hours, which contributed to saving more than 750,000 tons of oil equivalent, in addition to avoiding emissions of more than 2 million 200 thousand tons of carbon dioxide. .

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