Before the end of December, three international consortiums are set to start construction on three renewable-energy projects as part of Egypt's government-approved plan to generate 10.7 GW from wind and solar technologies by 2022. The three projects have a design capacity of 376 MW.
A consortium, led by French multinational electric utility company Engie, disclosed in October that it has signed a build-own-operate contract for a 250-MW wind farm in Egypt's Rhas Gharib area of the Gulf of Suez. Engie's partners include Japan's Toyota Tsusho Corp. and Eurus Energy Corp., which have a 40% share in the project, and Egypt's Orascom Construction Ltd., which has a 20% stake.