Minister of Electricity and Renewable Energy Mahmoud Esmat discussed cooperation and investment opportunities in renewable energy and the localization of the wind turbine industry with officials from the Chinese company Mingyang Smart Energy, as per a statement.

AMEA Power has successfully commissioned a 500-megawatt wind power plant in Ras Ghareb, Egypt, marking the largest operational wind farm on the African continent.

Prime Minister Mostafa Madbouly has called for the local manufacturing of all equipment and components used in wind energy projects across Egypt, as he toured the 650-megawatt wind farm near Ras Ghareb, the largest of its kind in Africa.

The OPEC Fund for International Development has approved a $40 million loan to support the construction of two wind farms in Egypt's Gulf of Suez.

The African Development Bank (AfDB) has approved a loan of up to $170 million to support the development of the 1.1-gigawatt Suez Wind Power Project, Egypt's largest wind energy plant.

The European Bank for Reconstruction and Development (EBRD) has announced $21.3 million in development financing for Egypt's Red Sea Wind Energy firm to expand the wind power plant in the Gulf of Suez.

The Egyptian Ministry of Electricity and Energy is planning to add 3 gigawatts of solar and wind power to the national grid until the summer of 2025.

The cabinet has approved a proposal submitted by a consortium of Engie, Toyota, and Orascom Construction plc to boost the capacity of wind energy by adding up to 150 megawatts (MWs) within 2025.

Sunlight and wind have long graced the landscapes of Egypt. Recently, they have become more than just scenic features. With Egypt’s growing population and the need for a secure energy future, the country is embracing renewable energy sources like solar and wind power. This shift is pivotal, bringing both challenges and immense opportunities.

The New and Renewable Energy Authority (NREA) has begun procedures for allocating about 6 million square meters of land to seven global companies and alliances to establish several solar and wind energy generation projects.

Prime Minister Mostafa Madbouly has witnessed the signing of a land allocation agreement to for the construction of a 10-gigawatt wind farm in Sohag, with over $10 billion in direct foreign investment (FDI).

Egypt has signed two land receipt notes for carrying out two wind energy generation projects west of Sohag, with foreign direct investments (FDI) estimated at $9 billion.

The bill for renewable energy purchases by the Egyptian Ministry of Electricity and Renewable Energy has increased by around EGP 700 million monthly, hitting EGP 2 billion.

Egypt’s New and Renewable Energy Authority (NREA) and a consortium led by ACWA Power have signed a usufruct agreement for a 1.1-gigawatt wind energy production project in the Gulf of Suez and Gabal El-Zeit regions, with $1.5 billion in investments.

An Egyptian government committee is currently studying two separate offers submitted by consortium of Orascom Construction Plc and Norway’s Scatec to implement wind energy production projects in Egypt until 2029.

The Egyptian New and Renewable Energy Authority (NREA) has signed a land allocation agreement with a consortium comprised Orascom Construction PLC, ENGIE, and Toyota Tsusho Corporation to establish a three-gigawatt (GW) wind farm in west Sohag.

The Egyptian government has thumbed up a proposal by the Danish Maersk to acquire half of the wind power plants in the Zaafarana complex at Ras Ghareb City in the Red Sea.

Danish shipping and logistics firm Maersk has submitted an offer to the Egyptian government to acquire Zaafarana wind farm in Ras Ghareb City in the Red Sea.

Egyptian New and Renewable Energy Authority (NREA) and Norway’s Scatec signed a $5 billion contract to build a wind power plant in West Sohag.