Egypt’s Electricity Ministry and an Orascom Construction-led consortium have signed a land allocation agreement for a 3 GW wind farm in the country, according to a statement. The statement said the consortium — which comprises OC, France’s Engie, and Japan’s Toyota Tsusho Corporation — will be allocated 852 sqm in Sohag. Sources told Al Mal last month that the Egyptian government was set to finalize a land allocation agreement for the wind farm within weeks.
What we know: The consortium will build the 3 GW wind farm under a BOO structure over six phases, and it is set to be fully operational by the end of 2028. The first phase of the project will see the consortium bring 500 MW of wind energy online by 1Q 2026, and the second phase will add on an additional 500 MW by the end of 4Q 2026. A third phase will bring online another 500 MW by 1H 2027, with an additional 500 MW will be operational by 1Q 2028. The consortium is expected to bring the final 1 GW of the project online over two phases by the end of 4Q 2028.
The wind sector has been busy: The Egyptian government signed in July a land allocation agreement with Saudi renewables developer Acwa Power for its planned 10 GW wind energy plant, which will also be located in West Sohag. It also inked in July another land allocation agreement with Norway’s Scatec for its planned 5 GW wind farm in Sohag. The announcement followed a similar agreement in June with a consortium comprising Infinity Power, Masdar, and Hassan Allam Utilities for their planned 10 GW wind farm.