Egypt’s $10 Billion Wind Farm Poised to Break Ground in 2026
Live Mint-- Construction of one of the world’s biggest wind farms in Egypt will begin by March 2026, a company involved said, as grueling power cuts during a broiling summer highlight the North African nation’s energy needs. The onshore megaproject that will cost more than $10 billion will begin generating electricity in 2032, according to Mohamed Ismail Mansour, chairman of Infinity Power, a joint venture between Infinity in Egypt and Abu Dhabi-owned renewables giant Masdar. Authorities have allocated $1.2 billion for extra energy imports, including heavy fuel oil, in a bid to end the cuts this summer, Prime Minister Mostafa Madbouly said Tuesday. Infinity Power has five wind projects in South Africa and is keen to do more work there, although the country has been “a learning curve” because challenges at Eskom Holdings SOC Ltd forced the utility to withdraw available capacity, Mansour said.
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