{"id":660811,"date":"2025-02-18T00:00:00","date_gmt":"2025-02-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/acwa-power-has-another-mega-wind-farm-brewing\/"},"modified":"2025-02-18T00:00:00","modified_gmt":"2025-02-18T00:00:00","slug":"acwa-power-has-another-mega-wind-farm-brewing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/18\/acwa-power-has-another-mega-wind-farm-brewing\/","title":{"rendered":"Acwa Power has another mega wind farm brewing"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Another mega wind farm incoming: <\/strong>Saudi renewables giant Acwa Power is setting up a 2 GW wind farm in South Hurghada with investments of SAR 8.6 bn (c. USD 2.3 bn), Saudi Energy Minister Abdulaziz bin Salman <a target=\"_blank\" href=\"https:\/\/x.com\/MoEnergy_Saudi\/status\/1891584660804714886\" style=\"\" rel=\"noopener\">said<\/a> during the first day of the Egypt Energy Show. The company inked a power purchase agreement with the Egyptian Electricity Transmission Company for the project, he added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Acwa has another big wind farm in the works: <\/strong>Acwa Power and energy and infrastructure leader Hassan Allam Utilities are setting up a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1edb3659-7377-4d20-9ee8-1c7b9c377590\" style=\"\" rel=\"noopener\">USD 1.2 bn, 1.1 GW<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1edb3659-7377-4d20-9ee8-1c7b9c377590\" style=\"\" rel=\"noopener\">wind<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1edb3659-7377-4d20-9ee8-1c7b9c377590\" style=\"\" rel=\"noopener\">farm<\/a> in the Gulf of Suez. The project reached financial close earlier this year and is expected to kick off commercial operations in 2Q 2027. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- Egypt and Saudi Arabia signed an executive plan for cooperation in energy efficiency<\/strong>, which should see the two sides set up a program for energy efficiency, look into setting up a joint entity to implement energy efficiency projects, and exchange expertise in the field, according to statements from the <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/pfbid0n9wE7ZVNQFMViECDv2Cod32B2LXNxHdDvnnoGiq3jbRpWegRc2f9XRiP55yzCYaGl?rdid=8rMo8gpvZU2gSUnz#\" style=\"\" rel=\"noopener\">Oil Ministry<\/a> and the <a target=\"_blank\" href=\"https:\/\/x.com\/MoEnergy_Saudi\/status\/1891585252067352816\" style=\"\" rel=\"noopener\">Saudi Energy Ministry<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO FROM THE ENERGY SHOW- <\/strong><strong>El Sisi and Apache head talk Egypt expansion: <\/strong>President Abdel Fattah El Sisi <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0zbAC9ym1MXyQ1GLNJdyPspYsMbhbbc87rxvbBgrFZg4o1A6yGooX2r3cvKDYRB7vl\" style=\"\" rel=\"noopener\">sat dow<\/a><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0zbAC9ym1MXyQ1GLNJdyPspYsMbhbbc87rxvbBgrFZg4o1A6yGooX2r3cvKDYRB7vl\" style=\"\" rel=\"noopener\">n<\/a> with Apache CEO John Chistmann to discuss the company\u2019s expansion in Egypt, with El Sisi emphasizing the need to strengthen Apache\u2019s investments to \u201cmaximize the country\u2019s resources.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Apache, Egypt\u2019s largest oil producer, reportedly plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b720c4c5-8cb9-4d2a-b825-85410105583d\/int%25e2%2580%2599l-energy-players-to-invest-usd-130-mn-in-oil-and-gas-drilling\" style=\"\" rel=\"noopener\">ramp up<\/a> its daily natural gas production in Egypt to 500 mn cubic feet per day from a current 450 mn cubic feet by the end of fiscal year 2024-25. It also recently signed up for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/af583cd1-d494-4c3d-81ac-c6bf0bb1fb68\" style=\"\" rel=\"noopener\">four additional Western Desert blocks<\/a>, representing a 30% increase to the company\u2019s overall concessions in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The renewables giant is setting up a 2 GW wind farm in South Hurghada<\/p>\n","protected":false},"author":1,"featured_media":660812,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[1042,93,72,151,7081],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-660811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-acwa-power","tag-energy","tag-enterpriseam","tag-renewables","tag-wind-power","wpautop","entry"],"acf":{"mongo_id":"749af54d-7c13-4f1b-9229-8a7e51e382d1","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1739.jpg","photo_position":"above","homepage_title":"","full_issue_title":"KSA\u2019s Acwa Power has another mega wind farm brewing","related_issue":[660803],"teaser":"The renewables giant is setting up a 2 GW wind farm in South Hurghada","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.9449d246-0d6a-4295-8608-afe1d87e74c5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Acwa Power has another mega wind farm brewing - 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\/2025\/02\/18\/acwa-power-has-another-mega-wind-farm-brewing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power has another mega wind farm brewing\" \/>\n<meta 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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 &quot;Energy&quot;","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":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":660811,"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 &quot;Energy&quot;","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":590362,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/","url_meta":{"origin":660811,"position":2},"title":"ACWA Power receives land in Sohag for 10-GW mega wind farm","author":"enterpriseam admin","date":"18 July 2023","format":false,"excerpt":"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","rel":"","context":"In 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&quot;Energy&quot;","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":660811,"position":4},"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 &quot;Energy&quot;","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":577087,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/egypt-has-just-lined-up-as-much-as-25-gw-worth-of-wind-projects\/","url_meta":{"origin":660811,"position":5},"title":"Egypt has just lined up as much as 25 GW worth of wind projects","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Egypt lined up commitments for up to another 15 GW of wind power yesterday, bringing to 25 GW the total new wind-power generation capacity it has locked in recent days. 25 GW: That\u2019s A LOT of power. It\u2019s almost half of the country\u2019s current installed capacity, which at the end\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/145.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\/660811","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=660811"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660811\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/660803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/660812"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=660811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=660811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=660811"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=660811"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=660811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}