Egypt is set to secure a $430 million loan from Japan to fund

a 220-megawatt wind farm as it tries to boost its renewable

energy output, the state news agency MENA said on Friday.

Egypt, an oil and gas producer, has been developing wind power along its eastern Red Sea coast. It aims to generate

12 percent of its power from wind and 20 percent from renewables overall by 2020.

source: reuters.com | GoogleMapLocation (wind farm in (Gebel el Zeit) correction must be Jabla az Zayt on the Gulf of Suez)

Related:

Abu Dhabi’s Masdar to sign Egypt wind farm deal

North African country aims to obtain 20 percent of energy from renewable sources by 2020

The new plant, the construction cost of which was not reported, will be located near Suez on Egypt’s east coast.

source: kippreport.com