Gulf of Suez-Vestas, Egypt

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Gulf of Suez-Vestas is a 252MW onshore wind power project. It is planned in Red Sea, Egypt. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 252 252 Permitting Red Sea, Egypt Vestas Wind Systems

Description

The project is being developed and currently owned by Vestas Wind Systems.

The project is expected to generate 1,027,000MWh electricity to offset 560,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $353.304m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2023.

Power Purchase Agreement

The power generated from the project will be sold to Egyptian Electricity Transmission under a power purchase agreement.

Contractors Involved

Vestas Wind Systems is expected to render EPC services for the wind power project.

Vestas Wind Systems will be the turbine supplier for the wind power project. The company is expected to provide 70 units of V105-3.45MW turbines, each with 3.6MW nameplate capacity.

Vestas Wind Systems is expected to perform operations and maintenance for the wind power project for a period of 3 years.

About Vestas Wind Systems

Vestas Wind Systems AS (Vestas) is a renewable energy company. It designs, manufactures, installs, and provides services to onshore power converters, wind turbines, blades, and towers. The company’s solutions encompass parts and repair to preventive inspections and advanced repairs. The service offerings of Vestas include data-driven consultancy, fleet optimization, blade maintenance and inspection, power generator repairs, and gearbox exchange. It partners customers to monitor wind energy production and performance of the wind power plant throughout its lifetime. The company serves customers across the world, and has manufacturing and testing facilities in North America, Latin America, Europe, and Asia. Vestas is headquartered in Aarhus, Denmark.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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