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.
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.