One of the world's largest wind farms to be built in Egypt is set to be operational by 2030, with construction scheduled to begin in 2024, Egyptian renewable energy developer Infinity has said.
A report by US channel Bloomberg said the $11 billion wind farm is being built by a consortium led by Abu Dhabi-owned firm Masdar and Infinity Power Holdings, which could supply electricity to Saudi Arabia and Europe when completed. Is.
According to Arab News, Muhammad Mansoor, Chairman of Infinity Power, has said that the production capacity of this project will be 10 gigawatts and it will be operational by the end of this decade.
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"These locations are ideal for such a project as wind speeds in these areas can reach up to 10 meters per second."
It should be noted that Egypt and the United Arab Emirates signed a memorandum of understanding during the United Nations Climate Change Summit for the construction of this wind power project with the aim of turning the two into a regional power hub.
According to the Information and Decision Support Center of the Egyptian Cabinet, Egypt topped the list of Arab countries in wind power and solar energy production in July, with a capacity of 3.5 gigawatts and plans to reach 6.8 gigawatts in 2024.
Saudi Arabia's Aqua Power Company signed a preliminary agreement with Egyptian firms in early November to build a 10 gigawatt project to generate electricity from wind energy.
The agreement was signed in a meeting between Egyptian Energy Minister Mohammed Shakir and Saudi Energy Minister Prince Abdulaziz bin Salman in Riyadh.
The two ministers also discussed the possibility of further cooperation between Egypt and Saudi Arabia in renewable energy and hydrogen.
As part of the agreement, Egypt will provide the necessary lands for feasibility studies of the project before signing the final agreemen
