Tuesday 18/Feb/2025 – 08:45 PM
Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, witnessed the signing ceremony of the project of establishing a wind power station with a capacity of 2000 megawatts between the Egyptian Electricity Transmission Company and Aqua Power Saudi Arabia, and according to this agreement the Saudi company is working to develop, finance and operate the project that will contribute to increasing the participation of renewable energy in The electrical energy mix and enhance the state’s efforts to achieve its goals in the field of renewable energy, and the engineer, Mona Rizk, head of the Egyptian Electricity Transmission Company, signed from the Egyptian side.
Dr. Mahmoud Esmat stressed that this project comes within the framework of the action plan to develop the renewable energy sector to maximize the returns and benefit from the available natural resources and reduce the use of fossil fuels and reduce carbon emissions, explaining that the project will be implemented south of the city of Hurghada and comes as a continuation of cooperation and partnership with Aqua Power, adding, adding The state adopted an ambitious program to advance the electricity sector in various fields, on top of which is to maximize the exploitation of new and renewable energy resources and support and encourage investment in this field and confirms the ability of the renewable energy sector to attract foreign direct investments, pointing to the investment climate that has low risks and positive interaction with financing institutions and partners Development.
The Egyptian Electricity Transmission and the Saudi Aqua Power Company signs the agreement of a wind power station with a capacity of 2000 megawatts
Dr. Mahmoud Esmat pointed to the efforts of the electricity sector to accelerate the executive steps of renewable energy projects from solar energy and wind energy to reduce and rationalize fuel consumption and reduce carbon emissions, and to achieve sustainability and continuity of electrical nutrition, praising the fruitful cooperation between the Saudi company and the renewable energy and energy sector in various fields, which is considered One of the models of success that is supported in the light of the energy strategy that was approved and work is underway through it through a plan of action, executive programs and timetable tables to link on the network, explaining the state strategy that aims to increase the contribution of the renewable energy rate to the electric energy mix, and reduce the percentage of fuel dependence Al -Ahfar, and the increase in the contribution of clean energy to the total energy generated in the framework of a political vision of the transformation of the green that is being implemented in various sectors.
