4 Days
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اقتصاد سكاي نيوز عربية
Egypt signs $420M deals with Alazar Energy
Egypt has signed two agreements with Alazar Energy worth $420 million to develop the Jebel El Zeit wind farm in the Red Sea, with a capacity of 580 megawatts. The goal is to increase the share of renewable energy to 45% within the next two years. According to a government statement, the agreements include a contract between the Energy Development Authority and the Egyptian Transmission Company with the Emirati company. This is part of efforts to diversify Egypt's energy mix.
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