Gulf of Suez 1 wind project : Vestas bags contract from NREA
Vestas has bagged an engineering, procurement and construction (EPC) contract and turbine supply order for the 252MW Gulf of Suez 1 wind project in Gulf of Suez, Egypt from the New and Renewable Energy Authority (NREA).
The Danish turbine maker will supply and install 70 of its V105-3.45 MW wind turbines in 3.6MW power optimized mode. The contract includes a three-year Active Output Management 4000 (AOM 4000) service agreement.
During the term of the service agreement, Vestas will maximize the annual energy production of Gulf of Suez 1 wind project, while conforming with the local tip-height restriction and the national grid code requirements.
Commenting on the contract for the Gulf of Suez 1 wind project, Muhamed Bou-Zeid – General Manager of Vestas Middle East and North Africa (MENA), said: “Building on our 40 years of experience and our leadership in the renewable energy sector, we are proud to be back in Egypt and continue our work there to help transform its energy infrastructure into a reliable system of clean power supply .
“Our wide portfolio of solutions and services can help NREA ensure price stability and security of energy supply over time, and in turn, demand less reliance on fossil-fuel based energy sources”.
The Gulf of Suez 1 wind project is expected to be fully operational in 2023. According to NREA, the annual production of the Egyptian wind farm, which is estimated to be 1027GWh, will offset nearly 560,000 tonnes of CO2 emissions annually.
The wind farm in Gulf of Suez will be financed jointly by the European Investment Bank, KfW, Agence Française de Développement, and the European Commission.