Masdar Wind Project May Blow Back Into Egypt

Green Prophet

As part of a long-term strategy to advance alternative energy, Masdar had sought investment opportunities in the Egyptian windfarm industry, and in February 2010, they finalized plans to build a 200-megawatt wind farm on the Red Sea coastline. Egypt’s renewables target was announced in 2008 with a goal of sourcing 20% of its electricity from fossil-fuel alternatives by 2020.

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