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The largest wind farm in the Middle East |
The largest wind farm in the Middle East is operational on the Red Sea coast
The Red Sea Wind Alliance announced on Wednesday the commencement of full commercial operation of a 650-megawatt wind farm near the Egyptian city of Ras Ghareb on the Red Sea coast, connecting the entire capacity to the national electricity grid.
The project is part of Egypt's efforts to expand its reliance on renewable energy sources and reduce the use of fossil fuels. The alliance consists of four companies, led by France's Engie with a 35 percent stake, followed by Orascom Construction with a 25 percent stake, and Japan's Toyota Tsusho and Euros Energy with 20 percent each. The project was implemented under a 25-year build-own-operate (BOO) scheme.
Over a million homes benefiting from clean energy
According to an official disclosure from Orascom Construction published on the Egyptian Stock Exchange website, the new wind farm is the largest of its kind in the Middle East and Africa to date, producing enough energy to cover the needs of more than one million homes. The plant also contributes to reducing carbon dioxide emissions by approximately 1.5 million tons annually, enhancing Egypt's contribution to regional and international efforts to reduce its carbon footprint.
900 MW Expansion Project Under Evaluation
The consortium also indicated that it has begun evaluation and development work for a new 900 MW wind farm on a plot of land adjacent to the existing site, as part of a long-term plan to boost clean energy production on Egypt's eastern coast.
Transforming Egypt's Energy Policy
Egypt, which currently relies heavily on natural gas for electricity generation, seeks to increase the contribution of renewable energy to its electricity mix, in line with the "National Sustainable Energy Strategy 2035," which aims to generate at least 42 percent of its electricity from renewable sources by the middle of the next decade. Wind projects in the Gulf of Suez and the Red Sea coast are a key pillar of this plan.
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