Last Update 20:53
Italgen to construct the first private wind farm in Egypt
Multi-million euro Italian energy investment will power cement production
MENA, Saturday 11 Jun 2011
Share/Bookmark
Views: 2234
Wind Power

 Italgen, the energy generation arm of Italian cement giant Italcementi, is to invest 140 million euros in Egypt to build a station that will generate wind power at a capacity of 120 megawatts.

Italgen’s project is the first privately owned development of a wind farm in Egypt, and will be located along the shores of the Red Sea in the Gulf El Zeit area.

"The group, which operates in 22 countries is now ready to submit its contributions to (New Egypt)," says Giuseppe De Beni, general director of the group,  in an interview with MENA on the sideline of his current visit to Egypt.

"Egypt is really qualified to receive foreign investments from private sector," De Beni adds.

Italgen's general director stated that a large part of the energy generated from the wind power project in Egypt will be used in the production processes of Suez Cement, a company owned by the Italian group.

In November 2007, Italgen signed a Memorandum of Understanding with the Egyptian minister for energy and electricity concerning the construction of a wind farm with 120-MW capacity (possibly upgraded to 400 MW), thus curbing CO2 emissions into the atmosphere by approximately 257,000 tons per year.
 

 



Search Keywords:


Short link:

 

Email
 
Name
 
Comment's Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 4000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online. Advertising