Masdar plans 10 GW wind farm in Egypt
The project will produce 47790 GWh of clean energy per year and cut around 9% of Egypt’s annual carbon emissions.
Image for illustration purposes.
UAE, Abu Dhabi: Abu Dhabi Future Energy Company PJSC – Masdar, Infinity Power, the largest African renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, have signed a Land Access Agreement with the Egyptian Government for the consortium’s 10 GW onshore wind farm in Egypt worth $10 billion, set to be one of the largest in the world. The Consortium was given access to a 3025 km2 area of land in West Suhag and was allowed to conduct the necessary development studies to progress the project, including resource measurement campaigns, geotechnical and topographic surveys, and environmental studies to ensure minimal environmental impact.
These studies represent an important step forward in the project development, and the findings will be vital in progressing towards construction. Once under construction, the project could deliver significant benefits to local communities, including job creation with commitments to hire locally, community support initiatives, and the protection and support of the natural environment.
The project will produce 47790 GWh of clean energy per year and cut around 9% of Egypt’s annual carbon emissions by displacing 23.8 million tonnes of CO2 annually. It could also help Egypt meet its strategic objective of sourcing 42% of its energy from renewables by 2030. The project could save the country an estimated $5 billion in natural gas costs per year.
Masdar’s CEO, Mohamed Jameel Al Ramahi, said: “Masdar, its joint venture Infinity Power, and our partner Hassan Allam Utilities, is supporting Egypt to deliver its ambitious renewable energy targets. I congratulate Egypt’s leadership on this major milestone for the country, with what is set to be one of the largest wind farms on the planet.”
Source: Masdar
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