Egypt Wind Power Capacity May Exceed 3,000 MW by 2016

Egypt’s wind power capacity may reach 3,040 MW by 2016 as the country seeks to increase its reliance on renewable energy sources, according to Electricity and Energy Minister Hassan Younes. “The North African country decided to exempt imported components used in the renewable energy industry from duties as part of wider plan to encourage investment in the field,” Younes said today in a statement posted on the ministry’s website.

Egypt, the most populous Arab country, currently generates 550 MW of power from wind energy. It plans to generate 20 per cent of its energy needs from renewable sources by 2020, of which 12 per cent would come from wind power, according to the ministry.

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