{"id":590362,"date":"2023-07-18T00:00:00","date_gmt":"2023-07-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/"},"modified":"2023-07-18T00:00:00","modified_gmt":"2023-07-18T00:00:00","slug":"acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/","title":{"rendered":"ACWA Power receives land in Sohag for 10-GW mega wind farm"},"content":{"rendered":"

ACWA Power\u2019s mega wind project is heading to Sohag:<\/strong>Saudi renewable energy firm ACWA Power yesterday signed a land allocation agreement with the Electricity Ministry for its planned 10-GW wind farm, ACWA<\/a> and the Madbouly cabinet<\/a> said in separate statements. <\/p>\n

Acwa will receive a 3k sq-km plot of land in Sohag, which is emerging as a hub for wind: <\/strong>A Masdar \/ Infinity \/ Hassan Allam consortium<\/a> is building 10 GW of generation capacity there, and Scatec<\/a> is set to construct a 5 GW facility . ACWA inked an initial MoU<\/a> for the project with the New and Renewable Energy Authority and the Egyptian Electricity Transmission Company (EETC) on the sidelines of the COP27 summit in November. <\/p>\n

The ACWA project in numbers: <\/strong>The wind farm, along with the Masdar \/ Infinity \/ Hassan Allam site, will be one of the largest in the world when they\u2019re operational: They will come second only to China\u2019s planned 20-GW Gansu project. Currently, Egypt\u2019s largest wind farm is the 545-MW facility in Zafarana<\/a>. The ACWA project will eliminate some 25.5 mn tons of emissions a year and provide electricity to some 11 mn households, creating 120k jobs, according to the statement. The estimated cost of the project was not disclosed. <\/p>\n

The fine print: <\/strong>ACWA will conduct feasibility studies for the project ahead of signing the final contracts. <\/p>\n

Sohag, wind energy hub:<\/strong> The three projects will see a combined 25 GW of wind generation capacity situated in the governorate, making it the country\u2019s wind energy hub. <\/p>\n

Egypt has ambitious targets for renewable energy<\/strong>, aiming to produce 42%<\/a> of its energy<\/a> from renewable sources by 2030 and 60% by 2040<\/a>. <\/p>\n

ACWA already has a significant presence in Egypt\u2019s renewable sector<\/strong>, including through its 200 MW Kom Ombo solar power plant<\/a>, which last April got USD 114 mn in backing from a consortium of international lenders led by the European Bank for Reconstruction and Development. The company has minority stakes in three plants in Benban and an upcoming project with the Egyptian Electricity Transmission Company to convert an electricity plant in Luxor to renewable energy, and has reportedly expressed interest<\/a> in Egypt\u2019s investment in desalination infrastructure. <\/p>\n","protected":false},"excerpt":{"rendered":"

Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt looks to source 42% of power from renewables by 2030<\/p>\n","protected":false},"author":1,"featured_media":590363,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[1042,93,72,7111,125,151,7081],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-acwa-power","tag-energy","tag-enterpriseam","tag-infrastructure","tag-investment-watch","tag-renewables","tag-wind-power","wpautop","entry"],"acf":{"mongo_id":"252ef9cf-e4e2-4b90-a08e-a214923183f9","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/706.jpg","photo_position":"above","homepage_title":"","full_issue_title":"ACWA Power receives land in Egypt for 10-GW mega wind farm","related_issue":[590357],"teaser":"Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt looks to source 42% of power from renewables by 2030","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.d0b982d5-69ce-4713-8903-33f414e9bf7b.mp3"},"yoast_head":"\nACWA Power receives land in Sohag for 10-GW mega wind farm - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACWA Power receives land in Sohag for 10-GW mega wind farm\" \/>\n<meta property=\"og:description\" content=\"Sohag 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install a combined 28 GW of wind capacity now have land in Sohag Governorate","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1514.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":658174,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/06\/hassan-allam-and-acwa-power-get-government-approval-for-1-1-gw-gulf-of-suez-wind-farm\/","url_meta":{"origin":590362,"position":1},"title":"Hassan Allam and ACWA Power get government approval for 1.1 GW Gulf of Suez wind farm","author":"enterpriseam admin","date":"6 January 2025","format":false,"excerpt":"The wind farm\u2019s 1.1 GW capacity will mark it as the largest wind project in both Africa and the Middle East","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1515.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577274,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/16\/the-sfe-could-acquire-10-of-acwa-hassan-allam-wind-farm\/","url_meta":{"origin":590362,"position":2},"title":"The SFE could acquire 10% of ACWA, Hassan Allam wind farm","author":"enterpriseam admin","date":"16 November 2022","format":false,"excerpt":"SFE could invest in 1.1 GW wind farm being developed by ACWA, Hassan Allam: The Sovereign Fund of Egypt (SFE) could acquire a minority stake in ACWA Power\u2019s planned 1.1-GW wind farm in the Gulf of Suez. The wealth fund is considering making an investment in the facility under the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/254.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576906,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/02\/acwa-unit-looks-to-build-worlds-second-largest-wind-farm-in-egypt\/","url_meta":{"origin":590362,"position":3},"title":"ACWA unit looks to build world\u2019s second-largest wind farm in Egypt","author":"enterpriseam admin","date":"2 November 2022","format":false,"excerpt":"ACWA Power could build one of the world\u2019s largest wind farms in Egypt: Saudi renewable energy developer ACWA Power will build a 10-GW wind farm in Egypt after signing an MoU with Egypt\u2019s New and Renewable Energy Authority (NREA) and the Egyptian Electricity Transmission Company (EETC) yesterday, the Saudi Energy\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/52.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660811,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/acwa-power-has-another-mega-wind-farm-brewing\/","url_meta":{"origin":590362,"position":4},"title":"Acwa Power has another mega wind farm brewing","author":"enterpriseam admin","date":"18 February 2025","format":false,"excerpt":"The renewables giant is setting up a 2 GW wind farm in South Hurghada","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1739.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644041,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/19\/acwa-power-hassan-allam-plan-to-secure-close-to-usd-900-mn-for-their-mega-gulf-of-suez-wind-farm-by-year-end\/","url_meta":{"origin":590362,"position":5},"title":"ACWA Power, Hassan Allam plan to secure close to USD 900 mn for their mega Gulf of Suez wind farm by year end","author":"enterpriseam admin","date":"19 September 2024","format":false,"excerpt":"The consortium signed a 25-year land usufruct agreement for the wind farm in January","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1515.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=590362"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590362\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/590357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590363"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590362"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590362"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}