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Egypt, Germany sign contract for wind-power station
Egypt-Germany, Economics, 2/22/2005
Egypt and Germany have signed a contract to jointly finance the construction of a wind-energy power station in the Zaafarana area on the Red Sea.
The German Reconstruction Bank has offered finance of 75 million Euros to the project, said Minister of Electricity Dr Hassan Younis.
He also noted that the project is part of a national drive to utilize wind energy and that the station would be operational and connected to the national electricity network by 2007.
He mentioned that a 700,000 EU grant was currently funding a wind-farm feasibility study in the Gabal El-Zeit area.
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Million German tourists to visit Hurghada next year
(12/18/2004)
Germany finances Al Zaafrana wind station
(11/8/2004)
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(4/30/1999)
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