Toyota, Orascom and GDF Suez grouped as a consortium have received approval to build a 250 MW wind park in the Gulf of Suez. Output of this park will be transferred to power grid for 25 years at 4.7 cent per kW.

The construction of this plant, which should start next month, will take into account bird migration cycles. It will be funded by the consortium and the Egyptian ministry of finance should provide financial guarantees in the coming weeks.

The ministry of power and renewable energy is also in talks with Lekela Power-Actis and Italgen S.P.A who plan to develop two plants of respective capacities of 250 MW and 320 MW.

Gwladys Johnson