Newsletter subscribe
Tag: Wind Farm
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, […]

No Comments read more
lekela

Lekela Power plans directing “most” of its investments to Egypt

Posted: August 4, 2020 at 12:50 pm   /   Renewables

Actis-backed Lekela Power is planning to funnel “most” of its investments in the coming period to Egypt, Lekela Egypt General Director Faisal Essa said last week, according to a cabinet statement. The renewable energy company plans to implement projects with a combined capacity of 500 MW in the country, Essa said, without providing details on […]

No Comments read more
Lekela

Lekela starts construction of 250 MW West Bakr wind farm in Ras Ghareb, Egypt

Posted: February 29, 2020 at 12:59 pm   /   Renewables

Work has now started on the West Bakr wind project site in Ras Ghareb, Egypt. The 250 MW project is being developed by Lekela, an Independent Power Producer (IPP). Construction of the West Bakr wind project is currently underway. Work has recently been launched at a ceremony attended by several Egyptian officials, including the Minister […]

No Comments read more
Vestas

Vestas awarded tender for Egypt’s Ras Ghareb 250 MW wind plant

Posted: February 4, 2020 at 3:49 pm   /   Renewables

The New and Renewable Energy Authority (NREA) has awarded the tender to build Lekela Egypt’s EUR 260 mn, 250 MW wind plant in Ras Ghareb to Danish firm Vestas, sources in the Electricity Ministry told Al Mal. The final contract is expected to be signed this month after the NREA agrees terms with the company. […]

No Comments read more
Vestas

Egypt’s NREA reviews Vestas’ bid for 250 MW Ras Ghareb wind plant

Posted: December 11, 2019 at 12:42 pm   /   Renewables

The New and Renewable Energy Authority (NREA) is reviewing the offer Denmark’s Vestas submitted in the tender to build a 250 MW wind energy plant in Ras Ghareb, and will make a decision within weeks, sources told the local press. Vestas is currently the only company bidding for the contract, after other bidders had either […]

No Comments read more
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 […]

No Comments read more
Orascom-Construction-Ras Ghareb

Orascom announces full commercial operation of Ras Ghareb Wind Farm

Posted: November 5, 2019 at 3:44 pm   /   Renewables

Orascom Construction Announces the Full Commercial Operation of Egypt’s Largest Renewable Energy Project Ahead of Schedule. Orascom Construction PLC announces that construction and commissioning at Ras Ghareb Wind Energy project in Egypt is complete 45 days ahead of schedule. With this milestone in place, the wind farm has been fully connected to the grid and […]

No Comments read more
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 […]

No Comments read more
Lekela

Construction officially starts at Lekela’s 250 MW West Bakr wind farm

Posted: October 16, 2019 at 3:33 pm   /   Renewables

Siemens Gamesa starts work on Lekela’s 250 MW West Bakr wind plant: Siemens Gamesa has begun building a 250 MW wind plant in West Bakr in the Gulf of Suez, which is expected to increase Egypt’s wind energy capacity by 18% once completed in 2021, operator Lekela Egypt said in a statement. The company will […]

No Comments read more
EBRD wind

EBRD provides $252 million loan for 250 MW wind farm in Gulf of Suez

Posted: August 14, 2019 at 1:04 pm   /   Renewables

EBRD, IFC and OPIC providing US$ 252 million loan to a project company owned by Lekela Power BV Funds will finance 250MW wind farm in the Gulf of Suez Clean energy expected to reduce CO2 emissions by 550,000 tons per year The European Bank for Reconstruction and Development (EBRD) is stepping up its support for […]

No Comments read more