Egypt gets $40M loan from OPEC Fund for Gulf of Suez wind farm project

Thu, 12 Dec 2024 - 07:23 GMT

The $1.1 billion venture has already garnered significant financial support, including $200 million from the European Bank for Reconstruction and Development (EBRD) and $170 million from the African Development Bank (AfDB).

Egypt to establish wind farms in Suez Canal’s Economic Zone

Wed, 22 May 2019 - 01:36 GMT

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,