Envision to Power 500 MW Wind Project in Egypt Financed by IFC & JBIC

Source: www.gulfoilandgas.com 6/13/2023, Location: Africa

Envision Energy, a global leader in renewable energy solutions, is pleased to announce that its state-of-the-art wind turbines have been selected for the Amunet 500 MW wind farm project in Egypt, developed by UAE-based AMEA Power. Leveraging Envision's proven technology and track record, the project has successfully obtained financing from a prominent consortium of banks, including the International Finance Corporation (IFC) and the Japan Bank for International Cooperation (JBIC).

Envision's EN 171- 6.5 MW wind turbines have been chosen for this project due to their exceptional efficiency, reliability, and safety even in harsh environments. The turbines feature advanced control systems that optimize performance and maximize energy production, while minimizing downtime and maintenance costs.

Expected to be commissioned by mid-2025, the Amunet project will supply affordable and clean energy to Egypt's grid, contributing to the country's goal of generating 42% of its electricity from renewable sources by 2035.

"We are thrilled to partner with AMEA Power for the 500 MW project in Egypt," said John Lee, General Manager of Asia and Africa at Envision Energy. "In addition to wind, Envision has extensive expertise in new energy infrastructure, combining renewables with energy storage, digital grid, green hydrogen and power-to-x technologies. As a trusted net-zero technology partner, we are committed to bringing these solutions to our customers in Egypt and around the world."

"AMEA Power is excited to build the project with our trusted partner Envision Energy. Together we will help drive Egypt's transition to a sustainable energy future," said Aqueel Bohra, Senior Director, Project Development at AMEA Power.


Australia >>  11/6/2024 - The Gippsland Dawn Offshore Wind Project has been granted Major Project Status (MPS) by the Australian Government—one of 16 diverse projects nationwid...
Poland >>  11/6/2024 - Polenergia will provide green energy for all, almost 24,000 InPost Paczkomat® machines in Poland. This is the result of a multi-year renewable energy ...

Germany >>  11/5/2024 - PNE AG has sold the Papenrode wind farm to Qualitas Energy Deutschland GmbH. The repowering project is located in the municipalities of Groß Twülpsted...
South Korea >>  11/5/2024 - Equinor, a Norwegian state-owned broad energy company, has again confirmed its ambitions to contribute to Korea’s renewable energy market. Equinor sub...

United Kingdom >>  11/5/2024 - Welsh Government Approves Bute Energy’s first energy park from its onshore wind portfolio, advancing Wales’ renewable Energy future.

We are...

United Kingdom >>  11/5/2024 - Cubico Sustainable Investments, one of the world’s leading privately-owned renewable energy companies, has announced plans for Scout Moor II, a landma...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.