Suez Wind Farm is a 1,100MW onshore wind power project. It is planned in Red Sea, 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. Post completion of the construction, the project is expected to get commissioned in 2026. Buy the profile here.
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Description
The project is being developed by Acwa Power and Hassan Allam Holding. Acwa Power, Hassan Allam Holding and Others are currently owning the project having ownership stake of 65%, 25% and 10% respectively.
The project is expected to supply enough clean energy to power 1,080,000 households, to offset 2,400,000t of carbon dioxide emissions (CO2) a year.
Development status
Post completion of the construction, the project is expected to get commissioned in 2026.
Power purchase agreement
The power generated from the project will be sold to Egyptian Electricity Transmission under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 1,100MW.
Contractors involved
Acwa Power is expected to perform operations and maintenance for the wind power project.
For more details on Suez Wind Farm, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly the International Company for Water and Power Projects, is a developer, investor, operator, and optimizer of power generation and water desalination projects. Acwa Power's portfolio includes power plants, desalinated water facilities, and green hydrogen plants. The company offers electricity and potable water. Acwa Power also offers operation and maintenance services to the power and water desalination industry through its subsidiary, the First National Operations & Maintenance Co. The company's customers range from governments to private entities including commercial and residential customers in the Middle East, Asia, and Africa including countries such as Saudi Arabia, Morocco, and Jordan. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Hassan Allam Holding
Hassan Allam Holding SAE (Hassan Allam Holding) is a prominent corporation in Egypt and the MENA region, primarily involved in engineering and construction services, as well as investment and development. The company offers a diverse range of operations, including large-scale projects, infrastructure development and niche projects. Its services extend to engineering, procurement and construction, as well as investment and development. Hassan Allam Holding services cater to various sectors such as power and energy, oil and gas, healthcare, transportation and buildings. The company operates across Egypt, the Democratic Republic of the Congo, Jordan and Libya. Hassan Allam Holding 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.
