The project is expected to generate approximately 50,000 gigawatt-hours of renewable energy upon completion, reducing annual carbon dioxide emissions by 2.4 million tons and supplying electricity to around 11 million residential units.
Egypt is expected to become Africa's top wind power generator by 2030, according to the Information and decision support center affiliated with Egypt’s Cabinet.
The Cabinet's Information and Decision Support Center said Monday Egypt tops a list of Arab countries in the production of wind power and solar energy, with highest 3.5 GW capacity.
Minister of Electricity and Renewable Energy Mohamed Shaker stated Tuesday that the draft agreement has been finished.
Egypt’s potential in being an energy hub in the region has been thoroughly discussed on Monday through cooperation proposals with Cyprus and Greece.