ENGIE has announced an expansion of its flagship wind farm project along the Gulf of Suez in Ras Ghareb, Egypt. The wind farm, currently under construction, will become the largest in Africa once completed. This expansion will increase the facility’s total capacity from 500 MW to 650 MW, reinforcing ENGIE’s commitment to renewable energy development in Africa and the Middle East.

Strategic Expansion to Meet Renewable Energy Goals

The project is being developed in partnership with Orascom Construction, Toyota Tsusho Corporation, and Eurus Energy Holdings Corporation under the Red Sea Wind Energy consortium. As part of the expansion, ENGIE has signed a long-term Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), ensuring revenue for the additional 150 MW and guaranteeing income for the full 650 MW capacity over 25 years.

The consortium has also secured financing for the 150 MW extension, similar to the original 500 MW project. Funding has been provided by multiple financial institutions, including the Japan Bank for International Cooperation (JBIC) and the European Bank for Reconstruction and Development (EBRD).

Significant Impact on Egypt’s Renewable Energy Targets

ENGIE has already connected 306 MW of the project’s capacity to Egypt’s national grid, ahead of schedule. Full commissioning of the expanded wind farm is expected by the third quarter of 2025, as planned. Once operational, the wind farm will play a crucial role in helping Egypt meet its renewable energy target of 42% of electricity generation from renewable sources by 2030.

The Red Sea Wind Energy project will reduce CO₂ emissions by approximately 1.3 million tonnes annually and provide renewable energy to power over 1 million homes. The expansion follows the successful commissioning of a 262.5 MW wind farm in the region in 2019, bringing ENGIE’s total wind power capacity in Egypt to 912.5 MW.