Engie will expand its 500 MW Red Sea wind project in Egypt to 650 MW

The French energy group Engie has announced plans to expand the capacity the total capacity of its Red Sea wind energy project in Egypt, from the originally planned 500 MW to 650 MW. The project, located on the shores of the Gulf of Suez, in Ras Ghareb, is being developed in collaboration with Orascom Construction, Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, within the Red Sea Wind Energy consortium. So far, 306 MW of the project has been connected to the grid, and the remaining capacity (344 MW) is expected to be commissioned in the third quarter of 2025, as initially planned.

As part of this expansion, an additional agreement to the long-term Power Purchase Agreement (PPA) has been signed with the Egyptian Electricity Transmission Company (EETC). This agreement guarantees revenues for the 150 MW extension and secures revenues for the entire 650 MW of the farm for 25 years.

At the end of 2023, wind represented about 3% of Egypt’s installed capacity with 1.6 GW and 2.8% of its power generation with 6.7 TWh. Egypt's updated NDC (2023) brings forward to 2030 the country's objective to reach 42% of renewable capacity, initially set for 2035 (including 14% from wind).