ACWA Power announced plans to build a 2 GW wind farm in Egypt with an investment of $2.3 billion. The project will be the largest wind farm in Egypt and Africa by capacity for a single independent power producer (IPP). The wind farm will surpass the company’s existing 1.1 GW Suez Wind Farm. It is expected to reach financial close by 2026. The project is part of Egypt’s plan to increase renewable energy to 42% of its electricity generation by 2030.
The wind farm is projected to reduce carbon dioxide emissions by 3.5 million tonnes annually. ACWA Power signed a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the project. ACWA Power has been operating in Egypt since 2015. It has two solar projects in the country: a 120 MW solar PV plant in Benban and a 200 MW solar PV facility in Kom Ombo.
Several smaller solar power plants are also in operation. The Siwa Solar Plant, located in the Siwa Oasis, has a capacity of 10 MW and supplies power to the remote desert community. The Marsa Alam Solar Plant, with a capacity of 6 MW, helps reduce reliance on diesel generators in the tourist region along the Red Sea. The Red Sea Solar-Diesel Hybrid Plant, a 14 MW facility, combines solar power with diesel generators to provide stable electricity to off-grid areas.
In Upper Egypt, the Nagaa Hammadi Solar Plant has a capacity of 15 MW and supports the industrial zone in the region. The Luxor Solar Project, with an installed capacity of 25 MW, is another small-scale initiative contributing to Egypt’s renewable energy mix.
Egypt is also exploring waste-to-energy projects. The Abu Rawash Biogas Plant, located near Cairo, has an installed capacity of 12 MW and converts organic waste into electricity. The Sharm El-Sheikh Waste-to-Energy Plant, with a capacity of 8 MW, helps manage waste from the tourism sector while generating power.
