September 16, 2024
Egypt unveils 1.1GW wind project in historic $1.5bn deal won by Saudi-led consortium

A consortium led by Saudi Arabia’s ACWA Power signed on Wednesday a monumental usufruct agreement for a 1.1-gigawatt wind energy project with $1.5bn of investment, according to a statement by the Egyptian cabinet. The project will take root in the Suez Gulf and Gabal El Zeit regions…
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