- The construction of a $10-billion wind power project in Egypt, one of the world’s biggest, will not start this year.
- The wind farm will also help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewable sources by 2030.
The construction of a $10-billion wind power project in Egypt, one of the world’s biggest, will not start this year due to the land acquisition process, the chairman of one of the companies involved in the project said. The wind project will see its construction start by March 2026.
Moreover, Mohamed Mansour, chairman of Infinity Power, revealed in an interview on Thursday that the construction was delayed from the initial timeline, which envisaged breaking ground in 2024, due to the process of acquiring the land for the wind power development in the Upper Egyptian region of West Sohag.
The wind farm development with a 10 gigawatts (GW) capacity includes Infinity Power, the largest African renewable energy developer, Hassan Allam Utilities, and Masdar, the UAE’s flagship renewable energy company.
Last month, Hassan Allam Utilities, Infinity Power, and Masdar signed a Land Access Agreement with the Egyptian government for the 10-GW wind project, taking a major step toward starting construction.
Also, the huge wind project will produce 47,790 GWh of clean energy annually, displacing 23.8 million tons of carbon dioxide annually and cutting around 9 per cent of Egypt’s annual carbon emissions.
The wind farm will also help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030. Infinity Power said in May that the 10-GW wind farm will save the country an estimated US$5 billion in natural gas costs annually.
Egypt needs a mega power project as it struggles with natural gas shortages, forcing authorities to implement rolling blackouts this summer. Egypt is looking to import the highest number of LNG cargoes in years in the coming months to ease the strain on its grid and industry amid energy shortages.
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