El Sewedy wins 600MW Egyptian auction

EGYPT: The El Sewedy Group has won a contract to build six 100MW wind projects on the Red Sea coast from the Egyptian government.

Six 100MW projects will be built along the Gulf of Suez
Six 100MW projects will be built along the Gulf of Suez

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The Egyptian turbine manufacturer will build and operate the projects in the east of the country. It is free to sell its power to customers, which, according to a company statement, means it is the first company in Egypt to sell electricity separately from the government.

The statement goes on to say a final contract between El Sewedy and the government has yet to be agreed.

Political instability in the country has left Egypt with a power shortage, but no timeframe or cost has been placed on the projects.

El Sewedy owns a 90% share of Spanish turbine manufacturer MTorres Olvgega Industries (MTOI), which produce 1.65MW turbines. As a result, MTOI has supplied turbines to El Sewedy projects across Africa, including the 61MW Al-Fatayeh development in eastern Libya — the country's first wind project.

The Egyptian government had planned to install 7.2GW of wind energy projects by 2020.

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