#Wind Project
Egypt has signed a 25-year land usufruct agreement (legal right granted to a person or party which grants a temporary right to use/derive income/benefit from the property of another individual) for a colossal wind power project. The agreement, signed between the consortium led by Saudi-listed ACWA Power and the Egyptian New and Renewable Energy Authority (NREA), marks a significant milestone in the country's ambitious plans (Egypt Vision 2030) for sustainable development and renewable energy. This project aims to be the…
