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Egypt to showcase profitable renewable energy

“Ninety percent of the land in Egypt is empty and is suitable for setting up wind farms,” Abou El-Ella said………….According to an environment ministry official in the Red Sea, Egypt has the potential to “show the world how renewable energy can be profitable and sustainable.”

Egypt to Build Two 100 MW Solar Energy Plants | Green Prophet, 19 July 2010, Egypt gets serious about building solar energy plants on top of its 500 MW plant, with bids open for 1,000 MW more. The Egyptian government hopes two new projects will help push forward solar and wind energy in the country. According to the country’s Electricity Minister Hassan Younis, Egypt is planning to build a 100-megawatt solar power plant in order to meet the growing electricity needs facing the country.

Hassan Younis was quoted last weekend by the official Middle East News Agency as saying the project will cost about $700 million and will be financed by the World Bank and the African Development Fund.

Younis said the photovoltaic power plant will be built in Kom Ombo, near the Aswan High Dam hydroelectric plant in southern Egypt.

Elsewhere, wind power initiatives apparently have gotten a push, with the ministry reporting that bids for the construction of a 1,000 Megawatt energy park in the Gulf of Suez will open this Septemeber.

The new facility will be located on the Gabal el-Zeit area and will be a “build-own-operate” idea that will give more incentive for companies to put forward tender bids, said ministry spokesman Aktham Abou el-Ella.

“Ninety percent of the land in Egypt is empty and is suitable for setting up wind farms,” Abou El-Ella said………….According to an environment ministry official in the Red Sea, Egypt has the potential to “show the world how renewable energy can be profitable and sustainable.”….

Egypt to Build Two 100 MW Solar Energy Plants | Green Prophet

July 19, 2010 - Posted by Christina Macpherson | Egypt, renewable | antinuclear, climate change, global warming, renewable energy, renewables, solar, wind