Re: [Salon] Egypt to buy wind energy from Saudi Arabia for 20 years



Unlike Saudi Arabia, we have so much oil in the U.S. that we have no need of wind energy, with that being too environmentally "Woke," and obviously infiltrated by DEI! So take this, wind energy: 


“We aren’t going to do the wind thing,” Trump told his supporters Jan. 20, twirling a finger in a circle to indicate the rotation of a turbine blade. “Big ugly windmills, they ruin your neighborhood.”


On Feb 24, 2025, at 11:03 AM, Chas Freeman via Salon <salon@listserve.com> wrote:


Egypt to buy wind energy from Saudi Arabia for 20 years

Middle East Monitor   2/24//25
In this photo illustration, the Acwa Power Company logo is seen displayed on a smartphone screen, on 25 November 2024 [Piotr Swat/SOPA Images/LightRocket via Getty Images]

Egypt intends to buy electricity generated from wind energy projects developed by Saudi company ACWA Power on the Red Sea coast at a rate of 2.4 US cents per kilowatt-hour for a period of 20 years, Al-Khaleej Online has reported.

A government official in Cairo made the announcement when speaking to Saudi channel Asharq on Sunday, following the Egyptian cabinet’s approval of the agreement. This initiative aligns with Egypt’s strategy to boost electricity production from renewable energy sources.

According to the official, ACWA Power’s generating plant will be located south of Hurghada on Egypt’s Red Sea coast and will be implemented under the build-operate-transfer (BOT) system for 20 years, with the Saudi company fully funding and executing the project.

On 18 February, ACWA Power announced the signing of an agreement to develop a wind energy project in Egypt, valued at approximately $2.3 billion.

In January, the Saudi company, in partnership with Egypt’s Hassan Allam Utilities, won a project to generate electricity from wind energy in the Gulf of Suez and Jabal El-Zeit regions. The project has a capacity of 1.1 gigawatts and an investment of up to $1.5bn.


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