Gulf of Suez

ACWA to Develop Wind Projects of 1.1 GW in Egypt

ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […]

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Egypt allocates 5,200 sq km area for renewable energy development

Just after the government official in Egypt revealed that the country will be producing some 10,000 MW of renewable energy next year, the New and Renewable Energy Authority (NREA) has now said that 5,200 square kilometer (sqkm) were allocated to establish renewable energy projects at different locations. The areas being allocated are meant for investments […]

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