Green Energy Initiative: Masdar and Infinity Power Develop 200MW Wind Farm

The UAE’s clean energy leader, Masdar, and Infinity Power have officially signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC). This agreement is for a significant onshore wind project located in Ras Ghareb, Gulf of Suez region. The project marks a pivotal step in delivering a long-term supply of renewable energy.

Wind Farm Capacity and Environmental Impact

Once completed, the wind farm will boast a capacity of 200MW and is projected to produce 810,000MWh of energy annually. This output is expected to prevent 403,672 tonnes of CO2 equivalent emissions each year, aligning with Egypt’s sustainability goals and contributing to the country’s environmental ambitions.

Infinity Power’s Expansion and Future Goals

This project represents the latest addition to Infinity Power’s expanding portfolio. As Africa’s largest renewable energy company, Infinity Power aims to achieve 10GW of operational renewable energy by 2030. This ambitious goal is set to provide electricity to 12 million homes across Africa by the end of the decade and contribute to a reduction of approximately 15 to 20 million tons of carbon dioxide emissions annually.

Signing Ceremony and Key Attendees

The official signing ceremony took place at the Egyptian Cabinet in Al-Alamein city. The event was attended by H.E. Dr. Moustafa Madbouly, Prime Minister of Egypt, and H.E. Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President, and Chairman of Masdar. The agreements were signed by Mohamed Jameel Al Ramahi, CEO of Masdar, Eng. Nayer Fouad, CEO of Infinity Power, Salah Ezzat, Acting Chairman of EETC, and Dr. Mohamed El-Khayat, CEO of NREA.

Additional Dignitaries and Attendees

The ceremony also saw the presence of Dr. Mahmoud Mustafa Kamal Esmat, Minister of Electricity and Energy, Sabah Mashali, Deputy Minister of Electricity and Energy, Mohamed Ismail Mansour, Chairman of Infinity Power, Hisham El Gamal, Director of Government Affairs at Infinity Power, Mokhtar AbulAta, Director of North Africa at Infinity Power, and Nourhan Ghareeb, Head of Legal at Infinity Power.

Mohamed Ismail Mansour, Chairman of Infinity Power, said, "We are excited to announce the construction of the Ras Ghareb wind farm, a project that symbolizes Infinity Power's steadfast commitment to advancing sustainable energy solutions. This initiative not only expands our footprint in Egypt but also signifies another big stride in bolstering our local impact in the renewables sector, creating valuable jobs. We remain committed to elevating our contributions to a cleaner, greener future.”

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “Through Infinity Power, a Masdar Infinity company, and the largest pure-play renewable energy provider in Africa, we will deliver 200 megawatts (MW) of clean energy to the Egyptian Electricity Transmission Company (EETC), producing over 800,000MWh and offsetting more than 403,000 tonnes of emissions annually. This project marks another milestone in our journey to unlocking Africa’s clean energy potential, and further advancing the clean energy transition.”

Eng. Nayer Fouad, CEO of Infinity Power, added, “The addition of the Ras Ghareb wind farm to our growing roster reinforces our commitment to positioning Africa as a leader in sustainable energy. This is one of the many steps we will take as we pursue our ambition to develop renewable energy projects in every part of Africa.”