Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Egypt to Invite Bids for 1,000-Megawatt Wind Park in September

July 11 (Bloomberg) -- Egypt plans to invite bids for the construction of a 1,000-megawatt wind-energy park in the Gulf of Suez at an international tender in September, Aktham Abou El-Ella, a spokesman for the Electricity Ministry, said today.

Construction of the facility, which will be located in the Gabal El-Zeit area, will be tendered on a build-own-operate basis, Abou El-Ella said in an interview in Cairo.

“Ninety percent of the land in Egypt is empty and is suitable for setting up wind farms,” Abou El-Ella said. “With solar power, plant costs are very high, and with hydraulic power reaching its maximum capacity, wind farms remain the best option for renewable energy in Egypt.”

The North African country already can generate 500 megawatts of power through wind projects in the Zaafarana area in the Gulf of Suez.

Egypt, the most populous Arab country, generates around 14 percent of its power needs from renewable sources and plans to increase that amount to 20 percent by 2020, of which 12 percent would come from wind power.

To contact the reporter on this story: Ola Galal in Cairo at

To contact the editor responsible for this story: Stephen Voss at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.