Scatec and Engie Secure Land for 8,000W of Renewable Energy Facility in Egypt - Africa’s premier report on the oil, gas and energy landscape.

Scatec and Engie Secure Land for 8,000W of Renewable Energy Facility in Egypt

Scatec, the Norwegian renewable energy player; Engie, its French counterpart and Orascom Construction, the Egyptian firm,  have secured land from the Egyptian government for the deployment of 8,000MW of wind power for two different projects.

One of them, a 5,000MW project, is to be developed by Scatec. The other, a 3,000MW facility, is a planned joint development by a consortium that includes Engie, Orascom and  Eurus Energy, a Japanese concern.

The two projects are proposed to be sited in the western governorate of Sohag.

Mohamed El-Khayat, Chairman of Egypt’s New and Renewable Energy Authority (NREA) signed the land permits, at a signing ceremony which took place recently in the presence of Mohamed Shaker, Egypt’s Minister of Electricity and Renewable Energy, and Hilde Klemetsdal, Norway’s Ambassador to Egypt.

These two projects represent an investment of $9Billion, according to NREA.

The first memorandums of understanding for the two developments were signed at COP27, hosted by Egypt in 2022. The power is proposed to be injected into the Egyptian Electricity Transmission Company (EETC) grid.

Scatec is a leader o Egypt’s renewable energy programme. It  operates 380 MW of installed solar capacity in the country.

The Engie-Orascom Construction-Eurus Energy consortium already operates a 262 MW wind farm in the Gulf of Suez. In the same region, the three partners are currently building a 500 MW wind farm.

Egypt’s national objective is to produce 42% of electricity from renewable energies by 2030, enabling the country to reduce its dependence on natural gas, the price of which has fluctuated greatly on the international market in recent years, first during the post-Covid-19 recovery, and then after the start of the war in Ukraine.

 

 

 

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