Infinity Power, Hassan Alam Utilities and Masdar, have signed a land access agreement with the Egyptian Government to mark another step towards the construction of a 10GW onshore wind farm
The project is expected to be one of the largest in the world and will make use of a 3,025 sq km area of land acquired by the consortium in the agreement. Necessary development studies to progress the project will now be conducted on the land which is located in West Suhag, including resource measurement campaigns, geotechnical and topographic surveys, as well as environmental studies to ensure minimal environmental impact.
Once conducted, eyes will then turn to beginning construction of the US$10bn project in a process that is expected to deliver significant benefits to local communities.
Amr Allam, Co-CEO of Hassan Allam Holding, commented, "In a significant move towards a more sustainable future for Egypt, the signing of the land access agreement for the 10GW wind farm project alongside our esteemed partners, Infinity Power and Masdar, marks a pivotal moment. This initiative underscores our commitment to clean energy and environmental responsibility, and we are proud to be part of this transformative project that will have a positive impact on our nation's energy landscape and beyond."
The agreement was signed by Mohamed Ismail Mansour, chairman of Infinity Power; Karim Hefzy, chief operating officer at Hassan Allam Utilities; and Mohamed Asaad Taher, senior manager, business development and investment at Masdar. It was witnessed by the Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt.
"We are excited to be moving to the next step of the development of our 10GW wind farm in Egypt and cannot wait to see it progress,” said Mansour. “Not only will this project deliver substantial benefits during construction and operation, creating jobs for local people and investing in their local communities, the impact of the energy uplift will be amazing to see. This source of clean, affordable energy will save Egypt money, reduce emissions and power industry across the country.”
The initial project agreement to develop the 10GW wind farm was signed between the Consortium and the Egyptian Electricity Transmission company on the sidelines of the UN climate change conference, COP27. When delivered, it is expected to cut around 9% of the country’s annual carbon emissions and will produce 47,790GWh of clean energy per year. It will represent a significant step forward in the country’s objective of sourcing 42% of its energy from renewables by 2030 whule saving an estimated US$50bn in natural gas costs per year.
Progress on 10GW Egyptian wind farm
The agreement was witnessed by Prime Minister of Egypt, HE Moustafa Madbouly and HE Mohamed Shaker, Minister of Electricity and Renewable Energy of Egypt. (Image source: Infinity Power)
