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Tag: Toyota Tsusho Corporation
Orascom-Construction-Ras Ghareb

EBRD to provide $50m long-term loan for Egypt’s Ras Ghareb wind plant

Posted: August 9, 2020 at 1:35 pm   /   Renewables

EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez: The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind power plant in the Gulf of Suez. The plant, which will be located approximately 40 km northwest of Ras Ghareb, […]

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Ras Ghareb

Engie, Orascom inaugurate Egypt’s largest wind farm at Ras Ghareb

Posted: December 8, 2019 at 2:06 pm   /   Renewables

ENGIE and its consortium partners inaugurated today the 262.5 MW Ras Ghareb wind park, Egypt’s first private and largest wind farm. Ras Ghareb project started commercial operation in October 2019, 6 weeks ahead of schedule. It is the first wind farm tendered on a Build-Own-Operate (BOO) scheme in the country and is part of the […]

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Ras Ghareb Wind

Toyota-OC-Engie alliance begins trial run at 250 MW Ras Ghareb wind farm

Posted: November 3, 2019 at 12:08 pm   /   Renewables

A consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation began trial runs on its 250 MW wind farm in Ras Ghareb, sources in the New and Renewable Energy Authority (NREA) told the local press. The sources said that testing began two weeks ago, with full commercial operation expected to begin before the […]

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Toyota Tsuscho

Toyota Tsusho discusses investment in Egypt’s petrochemical sector

Posted: May 3, 2018 at 1:14 pm   /   Oil & Gas

The Japanese Corporation discussed participation in hydrocarbon cracking for diesel fuel project at the Assuit Oil Refining Company (ASORC) plant, with investments worth $1.9 billion, says El-Molla. Minister of Petroleum and Mineral Resources Tarek El-Molla revealed in a press statement on Tuesday that he discussed with a delegation from Japan’s Toyota Tsusho Corporation the possibility […]

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Egypt signs contract for $400 mn Gulf of Suez wind farm

Posted: March 7, 2018 at 1:10 pm   /   Renewables

The project is expected to produce 250 MW of energy. The state-owned Egyptian Electricity Transmission Company on Tuesday signed an agreement with a Toyota-Engie-Orascom alliance to establish and develop a wind farm in the Gulf of Suez. The prime minister Sherif Ismail, the minister of electricity Mohammed Shaker, the minister of investment and international cooperation […]

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Siemens Gamesa lands 262 MW supply of wind turbines for Ras Ghareb farm

Posted: January 4, 2018 at 3:54 pm   /   Renewables

Siemens Gamesa nabs 262-MW order in Egypt Wind turbine manufacturer Siemens Gamesa Renewable Energy SA today announced a 262-MW order for the Gulf of Suez wind farm in Egypt. The order, signed in the final quarter of 2017, was secured from a consortium made up of French utility Engie, Japanese power companies Toyota Tsusho Corp […]

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Engie-Orascom-Toyota win contract for 250 MW wind farm in Ras Gharib

Posted: November 1, 2017 at 12:52 pm   /   Renewables

ENGIE wins renewable energy project in Egypt and will develop a 250 MW wind power park. ENGIE has signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%).  The wind farm will be located […]

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