The wind farm is expected to help Egypt achieve its targets for renewable energy under the Build Own Operate (BOO) scheme

The competing companies include Spanish Siemens –Gamesa, Danish Vestas, and German Senvion.

Minister of Electricity Mohamed Shaker will inaugurate a 580-megawatt (MW) wind farm this weekend.

The Egyptian Electricity Transmission Company has signed a contract with a three-firm consortium to establish a $400 million wind farm in the Gulf of Suez.

Egypt’s negotiations with Siemens over establishing a 2000 MW wind farm have stopped for the second time after disagreement on Feed-in Tariff.

Egyptian Ministry of Electricity and Renewable Energy initiated a project worth EGP 5 billion to establish the hugest wind farm in the Middle East, as part of the country’s plans to increase renewable energy usage in Egypt.

Orascom Construction Company, Engie, and an unspecified Japanese firm will build a 250 megawatt (MW) wind farm in Ras Ghareb.

11 international companies will be presenting offers for the $281m Gabal Al Zeit wind farm.

Egypt's Ministry of Electricity promised to complete the contract with Siemens for the construction of wind farms with a capacity of 2,000 MW.

Egypt signed a funding contract with European Investment Bank (EIB) to finance wind farm in the Gulf of Suez.