Saudi Arabia’s ACWA Power secures land for 10GW Egypt wind project

The project is expected to generate 50,000 GWh of electricity annually.

ACWA Power entered a memorandum of understanding (MOU) with Egypt’s New and Renewable Energy Authority for the allocation of land for a 10-gigawatt (GW) wind project in the African nation.

In a statement, ACWA Power said the MOU reserved land around 3,000 square kilometres of land west of the urban centre of Sohag.

The project can generate 50,000 GW-hours of clean energy annually, meeting the needs of around 11 million households. It can mitigate the impact of 25.5 million tonnes of carbon emissions per year.

ALSO READ: ACWA Power bags $100m credit facility from state-owned China Construction Bank

ACWA Power said the project will also provide Egypt with $6.5b of savings in annual natural gas costs and job opportunities for around 120,000 people.

The company has three other facilities in Egypt, either in operation or development which include the 120-megawatt (MW) solar project in Benban, 200 MW in Kom Ombo, and the 1.1 GW Suez Wind Energy project.

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