Orascom-led Consortium to Build One of Egypt’s Largest Green Energy Sites

Egypt is taking a significant leap forward in its renewable energy ambitions with the finalization of plans for a massive 900 MW onshore wind farm in Ras Shokeir. Spearheaded by a consortium led by Orascom Construction, chaired by prominent Egyptian businessman Nassef Sawiris, and involving international partners like France's ENGIE and Japan's Aeolus, this project represents a major stride in diversifying the nation's energy mix with clean power sources.

This venture is not merely about generating electricity; it is a strategic move aligned with Egypt's national objectives to harness renewable resources and reduce reliance on fossil fuels. Located in the high-wind corridor of the Gulf of Suez, the facility will operate under a Build-Own-Operate (BOO) model for 25 years, underpinned by a long-term Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC). This ensures the seamless integration of all generated power into the national grid, providing both energy security and environmental benefits.

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This major renewable energy venture... directly supports Egypt’s national strategy to diversify its energy mix through clean power sources.

Orascom Construction's pivotal role in this project further solidifies its position as a leader in Egypt's burgeoning wind energy sector. Leveraging extensive expertise in civil and electrical infrastructure, the company is instrumental in driving the region's energy transition. The accelerated development timeline, targeting full commercial operation by mid-2028, signals Egypt's commitment to rapidly expanding its renewable energy capacity.

From the perspective of the Egypt Independent, this development is a testament to Egypt's proactive approach to sustainable energy and its ability to attract significant international investment. It highlights the country's potential as a major player in the global renewable energy market. While international coverage might focus on the scale of the project or the involvement of multinational corporations, the local significance lies in its direct contribution to Egypt's energy independence, economic diversification, and commitment to environmental stewardship. This project embodies Egypt's vision for a greener, more sustainable future, powered by its own abundant natural resources.

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By leveraging its extensive expertise in civil and electrical infrastructure, the company continues to play a pivotal role in the region’s energy transition.