Egypt Starts 200 MW Wind Project

Key Figures & Findings: Infinity Power is set to begin construction this month on a 200 MW onshore wind project in Ras Ghareb, Egypt, marking a flagship addition to the country’s renewable energy pipeline. Backed by a USD 164 million financing package from international lenders, including the EBRD, JICA, and Proparco, the project is structured under a Power Purchase Agreement signed with the Egyptian Electricity Transmission Company in August 2024. The wind farm is expected to supply clean electricity to 311,000 homes and cut 400,000 tonnes of CO₂ emissions annually.

Statistics & Insights: The EBRD provided USD 74.1 million of the project’s financing, including a senior loan, a concessional loan from the Green Climate Fund, and a USD 10 million grant. The project will generate 810,000 MWh of electricity annually, equivalent to powering a mid-sized city, reinforcing Ras Ghareb’s status as Egypt’s prime wind corridor.

Future Implications: By 2027, the Ras Ghareb facility will significantly advance Egypt’s clean energy transition, diversify its power mix, and reduce reliance on fossil fuels. If replicated, such large-scale projects could help Egypt meet its renewable energy goals while positioning the country as a regional hub for wind power investment.

Source: Construction Review Online

Quick Take: Egypt’s Ras Ghareb wind hub expands with a 200 MW project, showing how global finance is accelerating Africa’s clean energy shift.