Gulf of Suez – EETC-II is a 200MW onshore wind power project. It is planned in Suez, Egypt. The project is currently in financing stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 200 | – | 200 | Financed | Suez, Egypt | New and Renewable Energy Authority |
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Description
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The project is being developed by New and Renewable Energy Authority and is currently owned by Egyptian Electricity Transmission.
The project is expected to generate 650,000MWh electricity to offset 289,955t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $323.6m.
The wind power project consists of 100 turbines.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2023.
About New and Renewable Energy Authority
New & Renewable Energy Authority (NREA) is a government-owned and controlled corporation that provides renewable energy technologies to Egypt. The company coordinates with national and international institutions to plan and implement the renewable energy programs. The company in coordination with other concerned national and international institutions it entrusted to plan and implement renewable energy programs. It is responsible for renewable energy resource assessment; research, development, demonstration, testing and evaluation of the different re technologies including solar, wind and biomass; and implementation of renewable energy projects. It also does Research, development, demonstration, testing and evaluation of the different RE technologies focusing on solar, wind and biomass. The company’s information center develops the integrated information systems and also develops the data base to support NREA activities. NREA is headquartered in Cairo, Egypt.
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Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
