Egypt to call tenders for 4 GW of wind, solar capacity - report

Sep 17, 2014 - The government of Egypt plans to launch tenders for the construction of 4 GW of wind and solar power plants, Daily News Egypt said yesterday, citing a government official.

Seeking to respond to rising power demand, the African country is planning auctions for about 30 GW of coal and renewable energy capacity in the next 10 years, the minister of investment Ashraf Salman said, as quoted by the newspaper.

In the following two weeks, Egypt is expected to launch the tenders for 2 GW of solar and 2 GW of wind capacity. The planned solar parks will be switched on by the end of the current fiscal year in June 2015, while the wind farms are scheduled for completion by end-2015. Additionally, it will open bidding for 4 GW of coal projects in fiscal 2014/15.

The proposed power generation facilities will operate under Egypt’s recently approved feed-in tariffs (FiTs). According to the report, the country will start building local factories for renewable energy equipment soon after it completes the first 4-GW tender.

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