Tuesday, 22 April 2025
Trending
Construction

Egypt’s $10 Billion Wind Farm to Begin Construction in 2026

  • Egypt‘s $10 billion wind farm in West Sohag will start construction by March 2026
  • .The 10-gigawatt project is expected to generate electricity by 2032.
  • The wind farm aims to help Egypt meet its goal of 42% renewable energy by 2030.

Egypt’s $10 billion wind farm in West Sohag will start construction by March 2026.The 10-gigawatt project is expected to generate electricity by 2032.The wind farm aims to help Egypt meet its goal of 42% renewable energy by 2030.

This initiative is critical for Egypt, which has faced severe energy shortages and power outages amid soaring summer temperatures.

Egypt’s Renewable Energy Ambitions: $10 Billion Wind Farm Set for 2026

The project comes at a crucial time for Egypt, which has been grappling with power shortages and rolling blackouts due to high summer temperatures and increasing energy demands. Although Egypt is a major exporter of natural gas, it has been forced to increase LNG imports to meet domestic needs. The government has allocated $1.2 billion for additional energy imports to address the current shortfall.

Infinity Power is not only focusing on Egypt but also expanding its renewable energy portfolio across Africa. In Cameroon, the company plans to invest $2 billion in smaller projects totaling 4 gigawatts, including solar, wind, battery storage, and biomass. These projects aim to enhance local grid stability and support regional power trading initiatives.

In South Africa, Infinity Power has acquired a 60% stake in Lekela Power and is exploring over 10 new projects. Despite challenges with the national utility Eskom, Infinity Power is committed to diversifying its investments across different regions to mitigate risks and ensure successful implementation of renewable energy projects.

Egypt’s $10 billion wind farm is a critical part of its strategy to boost renewable energy and reduce reliance on fossil fuels. This project, along with similar initiatives across Africa, highlights the continent’s growing commitment to sustainable energy solutions.

“Grids are a big challenge” for developers of larger electricity projects. – Mohamed Ismail Mansour, Chairman of Infinity Power

Related posts
ChinaConstruction

New Bridge in China Tops Eiffel Tower by 200 Meters

The Huajiang Grand Canyon Bridge in China stands over 530 meters tall. It cuts travel time across…
Read more
ConstructionIndia

India's First Vertical Lift Sea Bridge Inaugurated: New Pamban Bridge Opens in Tamil Nadu

PM Modi inaugurates the 2.08 km New Pamban Bridge on Ram Navami. India’s first vertical lift…
Read more
ConstructionIndia

Trump Organisation Expands Into India's Commercial Real Estate with ₹2,500-Crore Pune Project

The Trump Organisation launches Trump World Center Pune, its first commercial real estate project in…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

Lifestyle

Shaving vs. waxing: Which is better for removing facial hair

Worth reading...