ENGIE Expands Red Sea Wind Energy Project in Egypt, Africa’s Largest Wind Farm
ENGIE, alongside consortium partners, expands the Red Sea Wind Energy wind farm in Ras Ghareb, Egypt, to 650 MW. This landmark project will power over one million homes, reduce CO₂ emissions by 1.3 million tons annually, and advance Egypt’s renewable goals.
January 14, 2025. By EI News Network
ENGIE has announced the expansion of its flagship Red Sea Wind Energy wind farm located in Ras Ghareb, Egypt, increasing its total capacity from 500 MW to 650 MW.
This expansion will make it the largest wind farm in Africa, further highlighting ENGIE's pivotal role in advancing renewable energy in the region. Situated along the Gulf of Suez, the wind farm is being developed by the Red Sea Wind Energy consortium, which includes Orascom Construction PLC, Toyota Tsusho Corporation, and Eurus Energy Holdings Corporation, with ENGIE holding a 35 percent stake and serving as the technical and project management partner. To support the expansion, an extended Power Purchase Agreement (PPA) has been signed with the Egyptian Electricity Transmission Company (EETC), ensuring revenues for the additional 150 MW for 25 years, alongside the original capacity.
The project’s financial backing comes from a consortium of global financiers, including the Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corporation, Societe Generale, and the European Bank for Reconstruction and Development. Already, 306 MW has been connected to Egypt’s national grid ahead of schedule, with full commissioning of the 650 MW capacity anticipated by the third quarter of 2025. The wind farm is expected to reduce CO₂ emissions by 1.3 million tons annually and will generate renewable energy sufficient to power over one million homes, significantly contributing to Egypt’s goal of sourcing 42 percent of its electricity from renewables by 2030.
This project, following the consortium’s earlier success with a 262.5 MW wind farm in Ras Ghareb, will bring ENGIE’s total wind capacity in Egypt to 912.5 MW.
Paulo Almirante, ENGIE’s Senior Executive Vice President in charge of Renewables & Energy Management, said, “We are committed to be replicating the same level of operational excellence for Red Sea Wind Energy’s expansion, relying on our Egyptian partners and the consortium’s operational excellence. Once completed in 2025, Red Sea Wind Energy will be one of the largest onshore wind facilities in ENGIE’s global portfolio and will significantly contribute to the Egyptian government’s ambitions to transition to a low-carbon economy.”
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