Masdar and Inifinity sign PPA for 200MW Egyptian wind farm

Under the agreement, state utility the Egyptian Electricity Transmission Company (EETC) will buy energy produced by the 200MW Ras Ghareb (Masdar/NREA/El Sewedy) onshore wind farm, which the pair are co-developing with other partners under their Infinity Power joint venture in the Suez region in north-eastern Egypt. 

The Ras Ghareb project, co-owned by Masdar (19.25%), Infinity Group (19.25%), New and Renewable Energy Authority (NREA) Egypt (23%) and Elsewedy Electric (38.5%), is due online in 2027, according to Windpower Intelilgence, the data and research division of Windpower Monthly. 

Infinity Power anticipates it will produce 810GWh of clean energy per year, enough to provide clean electricity to an estimated 12 million homes across Africa by the end of the decade. 

Egypt-based Infinity Power  a joint venture between Masdar and Egypt’s Infinity Group – is among Africa’s largest renewables developers and is targeting a portfolio of 10GW of operational renewable energy capacity on the continent by the end of the decade. 

The company is active in Egypt, South Africa and Senegal, and recently signed a memorandum of understanding (MoU) with the Cameroon West Regional Council for the development of up to 4GW of renewables by 2035.

Egypt is heavily reliant on oil and natural gas to meet its energy and electricity demands, but hosted the COP27 global climate summit in 2022 and is looking to rapidly expand the share of renewable energy in its energy and electricity mix. 

The country is now aiming to generate 42% of its electricity from renewables like wind and solar by 2030.