• Contact
  • Magazines Archive
  • Subscribe Now
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
  • News
  • Business
    • Markets
      • Money
      • Tech News
      • Healthcare
      • Opinion
    • Appointments
  • Real Estate
  • Technology
  • Energy
  • Hospitality
    • Hotel
    • Catering
  • Lifestyle
    • Fashion
    • Sports
    • Cars
    • Travel
  • Design
  • Interviews
  • Regional Roundup
No Result
View All Result
Business Today Middle East
No Result
View All Result
Home Construction

Vestas wins 252 MW EPC order for the ‘Gulf of Suez 1’ wind project in Egypt

cbnme by cbnme
November 13, 2020
in Construction, Infrastructure, News, Projects

The New and Renewable Energy Authority (NREA) has placed a 252 MW order with Vestas for the Gulf of Suez 1 wind project in Gulf of Suez, Egypt.

Vestas has developed a solution that comprises the supply and installation of 70 V105-3.45 MW wind turbines in 3.6 MW Power Optimised Mode and a three-year Active Output Management 4000 (AOM 4000) service agreement, capable of maximising the project’s annual energy production, while meeting the local tip-height restriction and the national grid code requirements. Leveraging Vestas’ experience from more than 4 GW of turnkey projects across the globe, Vestas will also manage the engineering, procurement and construction (EPC) side of the project, which includes related civil and electrical works and the substation for the connection to the national grid.

“Building on our 40 years of experience and our leadership in the renewable energy sector, we are  proud to be back in Egypt and continue our work there to help transform its energy infrastructure into a reliable system of clean power supply”, said Muhamed Bou-Zeid, General Manager of Vestas Middle East and North Africa (MENA). “Our wide portfolio of solutions and services can help NREA ensure price stability and security of energy supply over time, and in turn, demand less reliance on fossil-fuel based energy sources”.

The project’s annual production is expected to reach 1027 GWh of clean energy and according to NREA save around 560,000 tonnes of CO2 emissions annually. It will be jointly financed by the European Investment Bank, KfW, Agence Française de Développement and the European Commission.

Vestas was one of the first contributors to the development of Egypt’s wind energy infrastructure with the installation of 123 Vestas wind turbines in Hurghada and Zafarana in 2004. Vestas currently has more than 1.5 GW of installed or under construction capacity in the Middle East and North Africa region including Jordan, Saudi Arabia, the United Arab Emirates, Bahrain, Morocco, Senegal, and Cape Verde. With a growing number of renewable energy projects planned or underway and with ambitious renewable energy targets in nearly all countries, the region is now seen to be a significant and promising player in the global energy transition.

The Gulf of Suez 1 wind project is planned to be fully operational in 2023.

Tags: ProjectRenewable energyVestas
Share30Tweet19Share5Pin7Send
cbnme

cbnme

Recommended For You

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

January 22, 2026
World Economic Forum: Shamma bint Mohammed Spotlights Emirati Women’s Shift from Empowerment to Global Leadership

World Economic Forum: Shamma bint Mohammed Spotlights Emirati Women’s Shift from Empowerment to Global Leadership

January 21, 2026
QIA, Goldman Sachs Sign MoU to Deepen Strategic Partnership, Targeting $25 Billion in Investments

QIA, Goldman Sachs Sign MoU to Deepen Strategic Partnership, Targeting $25 Billion in Investments

January 21, 2026
Gold and Silver Keep Reaching New Record Highs

Gold and Silver Keep Reaching New Record Highs

January 21, 2026
Automobili Lamborghini sets new record for deliveries in 2025 despite headwinds

Automobili Lamborghini sets new record for deliveries in 2025 despite headwinds

January 21, 2026
Over 250 global visionaries will surface unseen breakthroughs across the food chain from origin to market

Gulfood Launches Dedicated Platform to Support High-Growth Food-Tech Startups

January 21, 2026
Next Post

Barceló Hotel Group partners with LaLiga for MENA sports bar concept launch

Latest News

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

OpenAI Unveils GPT-5.2: From “Chatbot” to the First Universal AI Work Engine

January 22, 2026
The Sky Mansion is a masterpiece of design

ELEVATE Sets New Benchmark with AED 38 Million Sky Mansion Sale

January 21, 2026
Breez presents a rare ownership opportunity in one of the city’s most prestigious waterfront locations

Breez by Danube Leads Dubai’s Next Wave of Waterfront Living

January 21, 2026
Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

Dubai Holding strengthens its presence in Europe’s hospitality sector by acquiring a property in Mallorca

January 21, 2026
BusinessToday_logo

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026
Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW

Get In Touch

Building #10, Dubai Media City
PO Box 502511, Dubai, United Arab Emirates

+971 4 420 0506

sales@bncpublishing.net
Jo@bncpublishing.net

Sister Publications
  • Construction Business News
  • Design Middle East
  • Logistics News ME
  • Hotel & Catering
  • Entrepreneur Al Arabiyah
  • Entrepreneur Middle East
Newsletter

Never miss any important news.
Subscribe to our newsletter.

SUBSCRIBE NOW
Business Today Middle East – December 2025
BusinessToday Magazines

Business Today Middle East – December 2025

by Aya Zhang
January 13, 2026
BusinessToday-nov-2025
BusinessToday Magazines

Business Today Middle East – November 2025

by Staff Writer
January 13, 2026

Copyright © 2026 BNC Publishing. All Rights Reserved.

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2026 BusinessToday . All Rights Reserved.

Go to mobile version