Egypt, Finnish Deltamarin sign MoU to establish first floating power plant

Ahram Online , Friday 18 Mar 2022

A group of Egyptian companies, including the state-owned Egyptian Electricity Holding Company (EEHC), have signed on Thursday an MoU with the Finnish shipbuilding company Deltamarin to build a ship that would serve as the country’s first floating power plant.

Egypt s Minister of Electricity Mohamed Shaker witnesses the signing of an MoU between Egyptian companies and the Finnish shipbuilding company Deltamarin to establish a floating powerplant in Egypt. Egyptian Ministry of Electricity

Minister of Electricity and Renewable Energy Mohamed Shaker witnessed the signing of the MoU. 

Alexandria Shipyard Company (ASY) and Tanmeia Consulting and Engineering Services Company were signatories to the MoU.

Establishing floating power plants aims to deal with emergency malfunctions in any coastal city or cities close to the coasts on the Mediterranean, Ayman Hamza, a spokesperson for the electricity ministry, told Sky News on Thursday.

Floating power plants are unlike floating wind stations where power generation turbines are fixed and are difficult to move, Hamza added.

The MoU includes evaluating and discussing the feasibility studies to adjust self-propelled vessels and install power plants on these ships with electric capacity ranging between 100 and 125 Megawatts, the electricity ministry said in a statement.

“This project is the first of its kind to be implemented in Egypt in order to speed up the supply of electricity in the event of internal or external malfunctions,” the ministry added.

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