{"id":576872,"date":"2022-11-01T04:00:05","date_gmt":"2022-11-01T04:00:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/oc-breaks-ground-on-ras-ghareb-wind-farm-suez-cement-adds-more-solar-to-its-energy-mix\/"},"modified":"2022-11-01T04:00:05","modified_gmt":"2022-11-01T04:00:05","slug":"oc-breaks-ground-on-ras-ghareb-wind-farm-suez-cement-adds-more-solar-to-its-energy-mix","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/oc-breaks-ground-on-ras-ghareb-wind-farm-suez-cement-adds-more-solar-to-its-energy-mix\/","title":{"rendered":"OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix"},"content":{"rendered":"

<\/a> We have two stories this morning from Egypt\u2019s renewable energy sector<\/strong> after the Orascom-Engie-Toyota Tsusho consortium broke ground on its 500-MW wind farm in Ras Ghareb, while Suez Cement announced an agreement to install a solar facility at its Suez plant.<\/p>\n

CONSTRUCTION ON RAS GHAREB WIND FARM UNDER WAY-<\/strong><\/p>\n

Orascom Construction, Toyota Tsusho, and Engie broke ground ye<\/strong>sterday on <\/strong>their new 500 MW wind farm in Ras Ghareb<\/strong>, OC said in a statement (pdf)<\/a>. The three companies signed (pdf)<\/a> a 20-year contract with the Electricity Ministry to develop, construct and operate the plant in October 2021. OC owns a 25% stake in the project and is responsible for building the plant. Implementation is expected to take 30 months.<\/p>\n

Clean energy for hundreds of thousands of homes:<\/strong> Once operational, the farm will deliver clean energy to more than 800k homes and help slash CO2 emissions by 1 mn tons annually, the statement added.<\/p>\n

How much will this cost?<\/strong> USD 680 mn, according to the Electricity<\/a>Ministry<\/a>, which said yesterday that the European Bank for Reconstruction and Development, the Japan Bank for International Cooperation, the Green Climate Fund, and a group of commercial banks had provided finance.<\/p>\n

SUEZ CEMENT IS GOING SOLAR-<\/strong><\/p>\n

Intro Group<\/a><\/strong> subsidiary Intro Power and Utilities <\/strong>will build a 20-MW solar farm <\/strong>at Suez Cement\u2019s Suez plant<\/strong> under a purchase power agreement (PPA)<\/a> signed yesterday by the two firms, Suez Cement said in a statement<\/a>.<\/p>\n

By the numbers: <\/strong>The EGP 350 mn facility will provide c.45 GWh of clean electricity to the plant, supplying 20% of the plant\u2019s total energy needs and offsetting some 20k tons of CO2 emissions annually. The plant is scheduled to become operational in 1H 2023, with construction set to begin early next year. The station will be connected to the national grid in 2H 2023 and will supply power to the plant until 2043.<\/p>\n

The plant will help Suez Cement reach its goal of nearly halving net CO2 emissions<\/strong> compared to 1990 levels by 2030, Suez Cement Managing Director Mohamed Hegazy said. \u201cThrough transitioning to renewable solar energy, we are looking at long-term economic benefits, laying the foundation for a low-carbon business and energy security without jeopardizing the health of our environment,\u201d he added.<\/p>\n

ALSO-<\/strong> Solariz Egypt <\/strong>has launched the second phase of its EGP 97 mn solar power <\/strong>plant<\/strong> in El Gouna, generating 7 MWh \u2014 some 16% of the city\u2019s needs, according to Al Borsa<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

We have two stories this morning from Egypt\u2019s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its 500-MW wind farm in Ras Ghareb, while Suez Cement announced an agreement to install a solar facility at its Suez plant. CONSTRUCTION ON RAS GHAREB WIND FARM UNDER WAY- Orascom Construction, Toyota Tsusho, and Engie […]<\/p>\n","protected":false},"author":1,"featured_media":576873,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[147,571,93,6330,72,3372,363,151,1784,2263],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-climate-change","tag-ebrd","tag-energy","tag-engie","tag-enterpriseam","tag-intro-group","tag-orascom-construction","tag-renewables","tag-suez-cement","tag-toyota-tsusho","wpautop","entry"],"acf":{"mongo_id":"448f4089-1c32-47d2-b37e-2ab97142d101","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/42.jpg","photo_position":"above","related_issue":[576860],"teaser":"","voice_url":""},"yoast_head":"\nOC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/oc-breaks-ground-on-ras-ghareb-wind-farm-suez-cement-adds-more-solar-to-its-energy-mix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix\" \/>\n<meta property=\"og:description\" content=\"We have two stories this morning from Egypt\u2019s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its 500-MW wind farm in Ras Ghareb, while Suez Cement announced an agreement to install a solar facility at its Suez plant. 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Tsusho","author":"enterpriseam admin","date":"19 July 2018","format":false,"excerpt":"Gov\u2019t inks contract with OC-led consortium for USD 650 mn, 500 MW Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed a USD 650 mn agreement with a consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation to build a 500 MW wind farm in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":658458,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/12\/orascom-construction-engie-toyota-tsusho-and-eurus-energy-kick-off-commercial-operations-at-ras-ghareb-wind-farm\/","url_meta":{"origin":576872,"position":2},"title":"Orascom Construction, Engie, Toyota Tsusho, and Eurus Energy kick off commercial operations at Ras Ghareb wind farm","author":"enterpriseam admin","date":"12 January 2025","format":false,"excerpt":"The 650 MW wind farm is set to reduce carbon emissions by 1.3 mn tons annually","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/534.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591488,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/oc-engie-toyota-inaugurate-262-5-mw-ras-ghareb-wind-farm\/","url_meta":{"origin":576872,"position":3},"title":"OC, Engie, Toyota inaugurate 262.5 MW Ras Ghareb wind farm","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"Orascom Construction, Engie and Toyota have inaugurated their 262.5 MW Ras Ghareb wind farm after beginning commercial operations in October, Engie said in a press release. Ras Ghareb is Egypt\u2019s first private wind farm and is the first in the country to run under a build-own-operate (BOO) framework. Total investment\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634101,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/siemens-gamesa-to-supply-wind-turbines-for-ras-ghareb\/","url_meta":{"origin":576872,"position":4},"title":"Siemens Gamesa to supply wind turbines for Ras Ghareb","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"Siemens Gamesa Renewable Energy will supply turbines producing 262.5 MW to Ras Ghareb Wind Energy\u2019s Gulf of Suez wind farm, Renews reports. The agreement \u201ccovers supply and commissioning of 125 G97-2.1 MW machines, as well as maintenance for 15 years once the project is operational.\u201d The project\u2019s installation is set\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636809,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/bpe-partners-closes-on-three-plants-with-combined-130-mw-production-capacity-in-benban-oc-consortium-to-develop-a-usd-400-mn-250-mw-wind-farm-in-ras-ghareb\/","url_meta":{"origin":576872,"position":5},"title":"BPE Partners closes on three plants with combined 130 MW production capacity in Benban, OC consortium to develop a USD 400 mn 250 MW wind Farm in Ras Ghareb","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"The push for renewables continues: Our friends at BPE Partners announced yesterday (pdf) that it reached financial close alongside Egypt\u2019s Infinity Solar and Germany\u2019s Ib Vogt gmbH on three solar power plants with a combined production capacity of 130 MW in Benban at a total cost of USD 190 mn.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=576872"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576872\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/576860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/576873"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576872"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576872"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}