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.
Smarter leaders trust GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
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 International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Hassan Allam Holding
Hassan Allam Holding (HA Holding) is a provider of engineering, procurement and construction (EPC) services. The company’s service offerings include engineering and construction projects, building materials, electrical and mechanical turn-key solutions, building projects and utility investment and development, soil improvements and foundations, residential and commercial property development, real estate investments, and project management services. Hassan Allam caters to industrial and commercial buildings, power and energy, ports and airport infrastructure, building technologies, roads and bridges, manufacturing and production plants, water and wastewater treatment, and petrochemical and fertilizer sectors. The company has operations in Egypt, Libya, Algeria, Qatar, and Saudi Arabia. HA Holding is headquartered in Cairo, Egypt.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
