EETC SIGN MoU TO CONNECT EGYPT ELECTRICITY GRID TO EUROPE

EETC SIGN MoU TO CONNECT EGYPT ELECTRICITY GRID TO EUROPE

The Egyptian Electricity Transmission Company (EETC) and the Norwegian Scatec Company signed an MoU to study connecting Egypt’s electricity grid to Europe through Italy. The Egyptian Cabinet approved the MoU during its meeting this week. The Cabinet also approved the Ministry of Transport’s request regarding issuing a law granting a commitment to build and develop the superstructure, use, manage, operate, exploit, maintain and re-deliver a multi-purpose station in the Safaga sea port. This comes within Egypt’s…

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ORASCOM, TOYOTA AND ENGIE PARTNERS TO BUILD THE GULF OF SUEZ WIND FARM IN EGYPT.

ORASCOM, TOYOTA AND ENGIE PARTNERS TO BUILD THE GULF OF SUEZ WIND FARM IN EGYPT.

The US$2.2bn Gulf of Suez wind farm will be completed in October. Egypt is one of the African countries that acknowledges that the benefits of renewable energy out weighs that of the convention source of power generation. As a country, they are working towards making 20% of their power generation (which is presently at 10.5%) be from clean renewable energy sources by 2020. Considering their soon to come world’s largest solar park. The wind farm…

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