Delegation of the European Union to Norway

Wind Farm in Gulf of El Zayt

24/08/2016 - 14:26
Energy

Funded by the European Union (EU) and development partners the 240 MW Wind Farm in Gulf of El Zayt, project is part of a larger national programme supporting the governmental objective of expanding electricity production from renewable energy sources. The Project is co-financed KfW, EIB and EU with a total cost of € 340 million, where the EU is the sole grant donor. It is one of the biggest wind farms in Africa.

EU Contribution: €30 million grant

Location: Egypt

Partners: KFW –EIB                  

Total approach:  €340 million.

 

Description:     

Funded by the European Union (EU) and development partners the 240 MW Wind Farm in Gulf of El Zayt, project is part of a larger national programme supporting the governmental objective of expanding electricity production from renewable energy sources. The Project is co-financed KfW, EIB and EU with a total cost of € 340 million, where the EU is the sole grant donor. It is one of the biggest wind farms in Africa.

 

Objective:

This windfarm located on the West bank of the Gulf of Suez has three main objectives:

  • Expanding electricity production from renewable energy sources

  • Improving access to electricity for the Egyptian population.

  • Contributing to global environmental protection by producing environmentally sound electrical energy and avoiding the generation of CO2 emissions.

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