Siemens Gamesa Renewable Energy, a Spanish-German wind engineering firm, signed an agreement with Egypt’s Electricity Transmission Company (EETC) to construct a 500 MW wind farm in the Gulf of Suez. This project supports Egypt’s goal of sourcing 42% of electricity from renewables by 2030. Siemens Gamesa will handle construction, financing, and operation, reinforcing Egypt’s commitment to sustainable energy and public-private collaborations in Renewable Energy expansion.
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