Gulf of Suez – Masdar is a 10,000MW onshore wind power project. It is planned in Suez, Egypt. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2030. Buy the profile here.
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Description
The project is being developed and currently owned by Abu Dhabi Future Energy, Hassan Allam Utilities and Infinity Energy. The company's ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively.
The project is expected to generate 47,790GWh electricity to offset 23,800,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2030.
For more details on Gulf of Suez - Masdar, buy the profile here.
About Abu Dhabi Future Energy
Abu Dhabi Future Energy Co (Masdar), a subsidiary of Abu Dhabi National Energy Co, is a renewable energy company. It carries the operation and development of solar and wind power projects such as photovoltaic power, concentrated solar and offshore and onshore wind farms. Masdar invests in and contributes to innovative projects such as utility-scale power plants, community grid projects, and individual solar home systems. The company also focuses on advancing cleantech innovation and offers energy services consultancy. It is also involved in sustainable urban development, building, and deploying advanced technologies such as reverse osmosis seawater desalination plants. The company develops projects in the Middle East and North Africa (MENA) and other regions. Masdar is headquartered in Masdar, Abu Dhabi, the UAE.
About Hassan Allam Utilities
Hassan Allam Utilities (HA Utilities), is an asset developer and investment platform which constructs and manages infrastructure projects. The company operates sub-platforms that develop their own portfolios with focus on renewable and solar energy investments; and water desalination and treatment. It offers project development, management, financing, operation and maintenance services. HA Utilities projects include Swenette Solar Power Development plant and others. The company works in partnership with technology providers in Egypt to build and operate renewable power projects. HA Utilities is headquartered in Zamalek, Cairo, Egypt.
About Infinity Energy
Infinity Energy SAE (Infinity) is a renewable energy developer. The company develops, constructs and manage solar PV power plants and assets. It offers services such as project development; installation of grid connected solar systems; engineering, procurement and construction; and operation and maintenance of photovoltaic plants. Infinity also provides solar lighting, solar carports, solar photovoltaic systems; EV Box, an EV charging point to charge electric vehicle; off-grid, backup and hybrid solutions to its customers. The company serves commercial, residential, industrial and real estate sectors. Infinity is headquartered in Cairo, Egypt.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
