![]() ![]() By mutual agreement, the Egyptian and Saudi authorities recently awarded their power interconnection project to a consortium consisting of the Egyptian company Orascom Construction, SSEM and Hitachi ABB Power Grids, a company based in Zurich, Switzerland. A challenge much greater than the interconnection projects already initiated by Egypt and other countries including Sudan, Libya, Jordan, Iraq and recently Saudi Arabia. Going north, more than 1,000 km of sea separate Egypt from Greece. At least 955 km of submarine cable will be needed to link up with Cyprus. For its part, Egypt wants to interconnect its electricity network with the rest of Europe.īut the necessary infrastructure will be substantial. Read also- EGYPT: renewable energy exchanges with Saudi Arabia from 2024įor Greek Prime Minister Kyriakos Mitsotakis, the trilateral cooperation established by Greece, Cyprus and Egypt is a guarantee of stability in the Eastern Mediterranean on issues ranging from energy and tourism to environmental protection and high technology, through trade and navigation. Cairo’s goal is to produce 42% of its electricity from renewable sources by 2035. This capacity is set to increase with the implementation of major projects, particularly wind power, in the Gulf of Suez. ![]() In the Egyptian electricity mix, 1,700 MW are of solar origin and 1,465 MW are produced by wind farms. For Egypt, this is a way to export some of its electricity at a time when the country is banking on clean energy, including solar and wind to increase its installed capacity and diversify its electricity mix.Īccording to official figures, Egypt has an installed capacity of 59,063 MW, more than five times the installed capacity of a country like Morocco. OCCUPIED JERUSALEM: Cyprus, Greece and Israel Monday signed an initial agreement to build the worlds longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about 900 million and link their electricity grids. ![]() Two memorandums of cooperation were signed at a joint conference on the side-lines of the ninth tripartite summit between Egypt, Cyprus and Greece held in Athens on Tuesday, October 19 th, 2021. Egypt signs a trilateral agreement for electricity interconnection with Greece and Cyprus. US intelligence has implicated the prince in the killing of Khashoggi, a charge the prince and Saudi authorities deny.Īfter Greece, Prince Mohammed will head to France.That’s it. Mitsotakis is among Western leaders who have visited Riyadh since the murder of Khashoggi at the Saudi consulate in Istanbul, which sparked an outcry in the West and tainted the prince's image as a reformist pushing to open up Saudi Arabia, the world's top oil exporter.įrance's President Emanuel Macron travelled to the Saudi capital last year and US President Joe Biden met with Prince Mohammed on a trip to the Gulf state earlier this month as Washington works to ease tension with Riyadh. Mitsotakis hailed Prince Mohammed's visit as an opportunity to further discuss regional developments and "how to further cement this important relationship between our two countries, placing particular emphasis on economic co-operation". we can provide Greece, and southwest Europe through Greece, with much cheaper renewable energy," Prince Mohammed said, sitting alongside Greek Prime Minister Kyriakos Mitsotakis.īilateral agreements were also signed in the fields of energy and military co-operation, among others. Prince Mohammed's last official visit outside the Middle East was to Japan in 2019 for a G20 summit. The agreement was finalised during a visit by Saudi Crown Prince Mohammed bin Salman to Athens, his first to a European Union member state since the 2018 killing of Saudi journalist Jamal Khashoggi. ![]()
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