- Masdar, Infinity Power and Hassan Allam Utilities have secured a land agreement for a 10GW mega wind project.
- The wind farm is projected to generate a staggering 47,7GWh of clean energy annually.
Masdar, Infinity Power, and Hassan Allam Utilities have signed an agreement to construct a 10GW onshore wind farm in Egypt, set to become the largest in Africa. The project, valued at over $10 billion (£8bn), aims to reduce Egypt’s carbon emissions by 9% and save $5 billion (£4bn) annually in natural gas costs.
The wind farm is projected to generate a staggering 47,7GWh of clean energy annually. Furthermore, the wind farm is predicted to play a pivotal role in helping Egypt achieve its strategic objective of sourcing 42% of its energy from renewable sources by 2030.
As the UAE’s flagship renewable energy company, Masdar’s role demonstrates its deep and lasting commitment towards supporting African nations such as Egypt to meet their ambitious renewable energy objectives. The project is being developed by the consortium led by Masdar and its partners: Infinity Power, Masdar’s joint venture with Egypt’s Infinity, which is Africa’s largest pure-play renewable power company, and Hassan Allam Utilities, a sustainable infrastructure-focused investment platform. This collaboration underscores the UAE’s commitment to supporting Egypt’s renewable energy goals and marks a significant step towards a cleaner and more sustainable future for Africa.