The wind energy project is being implemented by the Red Sea Wind Energy company, a special purpose vehicle led by a consortium formed by French giant Engie and Japanese Eurus Energy/Toyota Tsusho Corporation.
The new Red Sea Wind Energy’s wind project, which requires a total of US$560 million to be fully implemented, is being developed 45 km from the town of Ras Ghareb.
The project will also contribute to the government’s ambition to produce 20% of the country’s electricity from clean sources by 2022 and 42% by 2035.
The Gulf of Suez, particularly the locality of Ras Ghareb, is highly coveted by independent power producers (IPPs).
This increased concentration of wind farms on the Ras Ghareb area is however raising concern among environmental conservationists who feat that it will adversely affect the migratory of birds.
Tired from this long journey, they rest by letting themselves be carried by the wind, a manoeuvre which can prove fatal since the birds can be hit by the blades of wind turbines.
EBRD noted that the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE), on behalf of the project, will implement an active turbine management plan (ATMP) and a wind turbine shutdown programme to avoid impacts on birds.
“The Active Turbine Management Plan is already being implemented very successfully in an existing project,” the European Bank said.