Elsewedy wins Egypt wind tender
Elsewedy Electric has won an Egyptian government tender to build and operate six wind farms on the country's Red Sea coast with a capacity of 100MW each, said reports from Cairo.
A final contract has yet to be agreed, along with details of the cost of the projects, said Reuters.
Egypt-based Elsewedy – a major global cable manufacturer which also has interest in other energy equipment sectors – is said to have a 25-year concession to sell power from the wind farms.
According to Elsewedy's website, the company has a 240MW-capacity wind turbines assembly plant, along with tower and blade manufacturing.