Business

Siemens Gamesa Secures Largest Contract in Egypt

Spanish wind energy company Siemens Gamesa Renewable Energy has been selected to install 125 of its G97-2.1MW turbines (total capacity of 262.5 MW) at the Egyptian wind farm Gulf of Suez, of Ras Ghareb Wind Energy SA.

 

In addition to the supply and commissioning arrangement, Siemens Gamesa will also handle the facility’s maintenance for 15 years under the terms of the agreement.

Installation of the 125 G97-2.1 MW turbines is scheduled to be complete by July 2019 and the facility is expected to be operational by the end of that year.

Siemens Gamesa is principally involved in the fabrication of wind turbines and the construction of wind farms. 

The company received the order from the consortium comprised by the French energy group ENGIE, the Japanese independent power providers Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, and the Egyptian engineering and construction firm Orascom Construction. 

This is the first privately-backed wind farm being developed in Egypt where until now all of the wind facilities have been backed by the NREA, the Egyptian renewable energy promotion body.

The transaction is the largest order ever secured by Siemens Gamesa in Egypt, where it is the market leader, having installed over 890 MW to date. 

This new order is independent from earlier agreements. 

It supports the Egyptian authorities as part of the latter’s efforts to modernize the country’s energy supply system.

Egypt is one of the 15 countries presenting the greatest potential for growth, as it is expected to install 6,500 MW of wind power capacity by 2026.