wind | Egypt Oil & Gas

Siemens to Add 262 MW to Ras Ghareb’s Wind Farm

Siemens Gamesa Renewable Energy announced a 262 MW order for Ras Ghareb wind farm, located in Egypt’s Gulf of Suez.

Solar Power Companies Consider Exiting FiT

Seven solar power companies that signed on projects under the terms of the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs.

Vestas Plans to Install 2.2GW Wind Farm in Egypt

Denmark’s Vestas Wind Systems announced that it will present a request to install 2.2GW of wind capacity in Egypt, including a list of six financial institutions that will fund the projects. Six banks to finance the ...

Wind Power Project in Tanzania Set to Stall

The implementation of the 50MW wind power generation project in Tanzania, estimated to cost $136m, is likely to be delayed following the government’s decision to withdraw from guaranteeing the project.

China’s Wind Power Generation Expected to Triple by 2030

The wind power installed capacity in China will increase from approximately 149GW in 2015 to over 495GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm Glob ...

NREA to Attract $13.7b Renewables Investments

Egypt's New and Renewable Energy Authority (NREA) aims to attract investments worth $13.7b to establish renewable energy projects with a capacity of 9,520 MW over the next seven years.

Egypt’s EFG Hermes Mulls Renewables Investments Rise

Egypt-based investment bank EFG Hermes is planning to increase the investments it manages in renewable energy from the current $831m to between $1.7 and $2.3b in the next two years.

China Wasted 20% of Wind Plants Power in 2015

Energy wastage on wind farms in China worsened in 2015, as plunging utilization rates kept 33.9b Wh from being delivered to the grid, the energy regulator said, the equivalent of a fifth of total generated wind power.

Renewables Account for 35% of Morocco’s Energy Mix

Morocco's government officials announced country's progress on its way to expand the renewable sector, as already 35% of its energy mix currently comes from green resources. The north African nation aims to reach a g ...

Morocco Sets Wind Energy Cost Record

Morocco’s recent bid round for 850MW of large-scale wind energy projects may have set the record for lowest production costs at an average of $30/MWh.

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