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Tag: Wind Farm

ACWA Power granted land for 10 GW Wind Project in Egypt

Posted: July 18, 2023 at 11:51 am   /   Renewables

ACWA Power, a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, today signed a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt. The agreement was signed […]

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UAE and Egypt advance development of Africa’s biggest wind farm

Posted: June 8, 2023 at 10:32 am   /   Renewables

Masdar, one of the world’s leading clean energy companies, along with Infinity Power, Africa’s largest renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused investment platform, have signed an agreement with Egypt’s New and Renewable Energy Authority to secure land to build a 10 GW capacity onshore wind farm in Egypt, set to […]

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Sovereign Fund of Egypt joins ACWA Power as co-investor of 1.1 GW Wind Energy project in the Suez Gulf Area

Posted: November 17, 2022 at 3:30 pm   /   Renewables

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today signed a memorandum of Understanding (MoU) with The Sovereign Fund of Egypt (TSFE) to explore a joint investment in the 1.1 GW Wind Energy project, located in the Gulf of Suez in Egypt. The MoU […]

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Orascom Construction Consortium Signs MOU to Develop a 3 GW Build-Own-Operate Wind Farm in Egypt

Posted: November 11, 2022 at 8:29 pm   /   Renewables

Orascom Construction PLC announces that its consortium with ENGIE (France) and Toyota Tsusho Corporation (Japan) has signed a Memorandum of Understanding (MOU) with the Egyptian Electricity Transmission Company (EETC) and the New & Renewable Energy Authority (NREA) to build, own and operate (BOO) a 3 GW wind farm in Egypt. Orascom Construction would have an […]

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ACWA Power set to explore bringing on Oman Investment Authority as co-investor for 1.1GW Suez Wind Energy project

Posted: November 8, 2022 at 2:37 pm   /   Renewables

The signing was attended by His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy of Saudi Arabia  OIA will own up to 10% stake in the wind farm project Egypt’s Hassan Allam Holdings is a 25% co-investor ACWA Power will hold the remaining share in the facility US$1.5 billion project expected to […]

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ACWA Power

ACWA Power, Hassan Allam consortium signs deal for 1.1GW wind project in Egypt worth US$1.5 bn

Posted: June 22, 2022 at 11:43 am   /   Renewables

The 1.1 GW project is one of the largest onshore wind farms in the world and the largest in the Middle East. Agreement signed during HRH Mohammed Bin Salman, Crown Prince of Saudi Arabia’s state visit to Egypt. Project marks ACWA Power’s expansion in the country to three projects. ACWA Power, a leading Saudi developer, investor […]

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Lekela exploring potential green hydrogen, desalination projects

Posted: March 14, 2022 at 9:20 pm   /   Renewables

Lekela could branch out into green hydrogen + desalination: Renewables player Lekela Power is “actively exploring” potential green hydrogen and renewables-powered water desalination investment prospects with the government and the private sector, general manager for Egypt Faisal Issa told Enterprise. Spanish and British investors have expressed interest in working with Lekela on the desalination projects, he […]

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Lekela West Bakr

Lekela celebrates commercial operation of Egypt’s West Bakr Wind Farm

Posted: March 4, 2022 at 10:29 pm   /   Renewables

The Minister of Electricity and Renewable Energy and the Chargé d’Affaires at the British Embassy in Cairo attend the event. Lekela now has over 1,000MW in operation, plus its development pipeline. Lekela, the renewable power generation company that delivers utility-scale projects across Africa, today celebrated commercial operation  of its 252MW West Bakr Wind farm in Egypt. Three months after the official start […]

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ACWA Power in advanced talks with SFE over 250MW wind farm in Gulf of Suez

Posted: February 23, 2022 at 8:44 pm   /   Renewables

ACWA Power and the sovereign wealth fund eye a new Suez wind farm: Saudi renewables company ACWA Power is in advanced talks with the Sovereign Fund of Egypt (SFE) to build a c. 250 MW wind farm in the Gulf of Suez, Al Borsa reports, citing unnamed sources who claimed a contract could be signed within weeks. […]

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Suez Canal

Hitachi Energy to connect Gulf of Suez wind farm with Egypt’s national power grid

Posted: January 19, 2022 at 7:04 pm   /   Renewables

The solution will help the country meet its renewable energy targets advancing a sustainable energy future for all. Hitachi Energy is delivering to Vestas, the world’s leading supplier of wind turbines1 and engineering, procurement and construction (EPC) contractor a grid integration solution to connect the 250 megawatt Gulf of Suez 1 wind farm in Egypt, owned by the […]

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