Construction of a 200 MW wind farm on the west coast of the Gulf of Suez

The west coast of the Red Sea holds exceptional wind potential, due in particular to the average wind speed which exceeds 10 m/s. The Egyptian authorities plan to develop both private and public investments in wind energy there with the New and Renewable Energy Authority (NREA). NREA has asked European donors, for which KfW is the lead for this project, to study the feasibility of, then finance, a 200 MW wind farm connected to the domestic power grid. AFD has allocated a EUR 50m loan to finance the project, in addition to the KfW, EIB and EU contributions and the Egyptian Government’s contribution. The fact that the project site is a route for species of migratory birds in the spring and autumn requires the implementation of a rigorous environmental management plan, which will be monitored by NREA, working closely with the teams of the Egyptian Environmental Affairs Agency (EEAA).