EETC will act as a single buyer for the output under a 20-25 year power purchase agreement. The closing date is July 21 and the shortlist should be announced early next year with start-up scheduled for 2014. According to the New and Renewable Energy Authority, a division of Egypt's energy ministry, over 50 local and international companies have expressed an interest so far. The 250 MW is the first block of a planned 2500 MW, which the private sector will be asked to provide as part of Egypt's drive to speed up development and liberalise the energy market (Windpower Monthly, March 2009). So far Egypt has 365 MW up and running, with another 65 MW due for completion this summer at Zafarana, where Gamesa is installing the last 65 MW of a 120.7 MW facility, powered by Gamesa 850 kW turbines under a turnkey contract. Egypt must install over 600 MW a year to reach its target of 20% of green electricity by 2020 - wind is set to provide 7.2 GW.
Have you registered with us yet?
Register now to enjoy more articles
and free email bulletins.