Arab Finance: Dr. Mustafa Madbouly, Prime Minister, witnessed the signing ceremony of the project to construct a wind to produce electricity With a capacity of 500 megawatts in the Gulf of SuezBetween the Egyptian Electricity Transmission Company and Siemens -Jamesa Renewable Energy, in the presence of Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy.
According to the agreement, Siemens -Jamisa is creating, financing and operating the project that will contribute to increasing the participation of renewable energy in the electric power mix, achieving the goals of the state in the fields of renewable energy, within the framework of a work program, executive plans and a specific time frame to reach renewable energy to 42% of the energy mix in 2030, 65% in 2040, increase dependence on clean energy, reduce the use of fossil fuels and reduce Carbon emissions.
Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, stated that the project comes within the framework of the state’s tendency to support and develop the renewable energy sector and maximize the returns from available natural resources and reduce dependence on fossil fuels, and reduce carbon emissions, explaining that Siemens is a success partner in electricity projects, especially renewable energy projects, expressing his happiness in cooperation with the leading company in the field of renewable energy to implement this project to implement this project the important.
In turn, Engineer Ayman Saad, CEO of Siemens -Jamesa in Egypt, said: We have a long and successful history in Egypt, where the company's projects have contributed to the availability of 1.5 GB of electricity through clean energy sources, and we hope that today's agreement will be the beginning of more successful projects in a future, and we are fully prepared and prepared to proceed with their implementation.
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