Egypt is preparing to develop what is set to become the world’s largest onshore wind farm, with a planned capacity of 900 megawatts, marking a major step in the country’s renewable energy expansion.
French energy giant ENGIE announced the signing of a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company to develop the project near Ras Shokeir in the Gulf of Suez.
The project will be implemented under a Build-Own-Operate (BOO) model over 25 years, with the PPA providing long-term revenue visibility.
It will be developed by a consortium led by ENGIE with a 35% stake, alongside Orascom Construction holding 25%, responsible for civil and electrical works as well as local component supply, and Eurus Energy holding the remaining 40%. Eurus Energy operates as an African independent power platform, belonging to Toyota Tsusho.
Financial close for the project is expected by the third quarter of 2026, with the first wind turbines scheduled for delivery by the end of the same year.
The wind farm will be developed in phases, with the first 300 MW expected to come online by December 2027, and full commercial operation of the 900 MW capacity targeted by mid-2028.
Once completed, the facility will become ENGIE’s largest onshore wind project globally, surpassing the Serra do Assuruá Wind Complex in Brazil, which has a capacity of 846 MW.
It will also mark the company’s third wind energy project in Egypt, bringing its total installed wind capacity in the country to around 2 gigawatts.
The consortium brings extensive experience in Egypt’s renewable sector, having previously developed major wind projects under the BOO model, including facilities in the Red Sea region and Ras Ghareb, with a combined capacity of 912.5 MW, both delivered ahead of schedule and under budget.
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