Abu Dhabi Future Energy Company (Masdar) will deliver a wind power portfolio of more than 800 megawatts (MW) in Egypt alongside Elsewedy Electric and Marubeni Corporation.
The announcement was made at the Abu Dhabi Sustainability Week by Wael Gad, Ambassador of Egypt to the UAE.
Mohamed Jameel Al Ramahi, chief executive officer at Masdar, said: “As Egypt’s economy expands, so do the opportunities to provide energy from renewable sources.
“We are ready to tap into our existing experience with renewable energy projects, while collaborating with industry experts like Elsewedy Electric and Marubeni in Egypt, to deliver on the country’s visionary plans for the future.”
The partnership between Elsewedy Electric, Marubeni Corporation and Masdar is a first, with Masdar having already developed a number of solar power plants in partnership with Egypt’s New and Renewable Energy Authority.
These include the 10MW Siwa Solar PV plant; four PV plants in the Red Sea governorate with a combined capacity of 14MW; and three PV installations in Al Wadi Al Jadeed with a combined capacity of 6MW.
That is in addition to providing 7,000 standalone solar home systems to homes and community buildings.
Egypt’s Ministry of Electricity and Renewable Energy recently announced that the country plans to generate 42% of its electricity from renewables by 2025.
Ahmed Elsewedy, president and chief executive officer of Elsewedy Electric, said: “We are confident that Egypt will realise the ambitious targets set for renewable energy, and Elsewedy is glad to be part of the continuous success of Egypt’s IPP programme alongside two great international organisations.”
Egypt-based Elsewedy Electric primarily focuses on energy infrastructure projects in the Middle East and Africa.
In addition to delivering large and complex engineering and construction projects, Elsewedy Electric also manufactures and distributes electrical products.