The project, which will be located in the Gulf of Suez, is part of Egypt’s aim to derive 20% of its energy from renewable sources by 2020.
Egypt currently has a wind energy capacity of 430MW, chiefly derived from wind farms near the Red Sea.
The deal follows as the announcement of the final shortlist for the Egypt’s first privately-owned wind farm, a 250MW project also in the Gulf of Suez.
There are 10 applicants bid for the deal, which will also become Egypt’s first privately owned wind farm. These include RES, Iberdrola and Malaysian independent power producer Powertek Berhad.
It is expected that the request for proposals will be issued by the end of the year, with final bids to be submitted by March 31, 2011. The plant is scheduled to be completed by late 2013 or early 2014.
Masdar picks up contract to build Egypt's first 200MW wind farm
EGYPT: Abu Dhabi's Masdar has signed a deal with the Egyptian government to build the country's first 200MW wind farm.
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