May 23, 2019
Suez Canal Authority targets to establish wind farms for the production of renewable energy such as solar and electric energy in its framework to develop the Canal, in light of the state plan to generate 20 percent of the total electricity generated by renewable energies by 2020, the Authority’s Head Mohab Mameesh said.
Mameesh added that the economic zone of the Suez Canal, is an ideal area for the implementation of such projects, according to the opinion of the New Energy and Renewable Energy Authority, pointing out that it’s an ideal area due to the availability of vast space, which has the energy of the sun, wind and bio-energy.
“Although renewable energy is a new trend in Egypt, the government intends to increase production and dependence of them instead of traditional sources of energy, which makes renewable energy an opportunity to attract more investment in this area,” Mameesh said.
The head of the Suez Canal Authority and the economic zone of the Canal pointed out that it is intended to produce 7,200 MW of wind farms to be established in the region, especially that the government aims to produce 12 percent of the total electricity generated by wind, and complete the rest of the plan of 20 percent of other renewable sources of energy.