Consortium Announces Plan to Build 10,000MW Wind Powered Plant in Egypt - Africa’s premier report on the oil, gas and energy landscape.

Consortium Announces Plan to Build 10,000MW Wind Powered Plant in Egypt

The Egyptian government has approved a proposal by a consortium to develop 10,000 MW wind farm on 3,025 km2 of land in the western Suhag governorate.

Infinity Power, a joint venture between Egypt’s Infinity and Masdar (Abu Dhabi Future Energy Company) is in league with Hassan Allam Utilities, another Egyptian player, for the project.

With the vast parcel of land granted by the Egyptian government further studies can begin, including resource measurement campaigns (wind), geotechnical and topographical studies, as well as environmental studies, all “aimed at ensuring minimal impact on the environment”, according to a statement by Infinity Power.

This mega project could cost as much as $10Billion and should be capable of injecting 47,790 GWh of clean electricity per year into the Egyptian grid, while avoiding emissions of 23.8 Milliontonnes of carbon dioxide (CO2) equivalent over the same period.

Infinity expects “the 10 GW wind farm to save the country around $5Billion in natural gas costs per year”.

Egypt plans to achieve a 42% share of renewable energies in its electricity mix by 2030, up from 7% in 2023. As part of its strategy, the Egyptian government has also granted land to independent power producers (IPPs) Scatec and Engie for the deployment of 8,000 MW of onshore wind turbines.

Share Article


Sponsored

No comments yet.

Leave a comment

Comment form

All fields marked (*) are required

© 2024 Festac News Press Ltd..