Egypt has taken a major step toward expanding its renewable energy capacity with the signing of a Power Purchase Agreement (PPA) for the 1 GW Ras Shokeir Wind Project in the Red Sea Governorate.

Infinity Power, Africa’s largest pure-play renewable energy provider, and Hassan Allam Utilities Energy, the renewable energy development arm of Hassan Allam Utilities, signed the agreement with the Egyptian Electricity Transmission Company (EETC).

The project will be developed across approximately 143 square kilometres in Ras Shokeir, within the Gulf of Suez region, an area recognised as one of Egypt’s strongest wind corridors.

Once completed, the wind farm will add 1 GW of renewable generation capacity to the national grid, supporting efforts to diversify the country’s electricity mix and strengthen energy security.

The project is expected to generate enough clean electricity to supply more than 1.2 million Egyptian homes.

It is also projected to avoid more than 1.36 million tonnes of carbon dioxide emissions annually, supporting Egypt’s decarbonisation objectives and broader clean-energy ambitions.

The PPA establishes the framework for EETC to purchase electricity generated by the project and represents a key milestone in its development.

The project is being developed by Infinity Power and HAU Energy, combining local development expertise with regional renewable energy experience.

The agreement also highlights the growing role of public-private partnerships in mobilising investment for large-scale renewable energy infrastructure in Egypt.

Amr Allam, CEO of Hassan Allam Holding, said: “Ras Shokeir reflects the scale of ambition required to accelerate Egypt’s energy transition. This milestone underscores our commitment to investing in large-scale renewable energy infrastructure that strengthens energy security and advances the country’s long-term decarbonisation objectives. Through Hassan Allam Utilities Energy, we are advancing transformative projects that will power Egypt’s growth for generations to come.”

Mohamed Mansour, Co-Founder and Chairman, Infinity Power, said: "We would like to express our appreciation to the Egyptian government for its continued support of the renewable energy sector and for fostering an attractive investment environment for this vital industry. The Ras Shokeir Wind Project marks an important step toward Infinity Power’s ambition to achieve 10 GW of operational renewable energy capacity by 2032."

Nayer Fouad, Co-Founder and CEO, Infinity Power, added “We are grateful to the Egyptian government and the Egyptian Electricity Transmission Company (EETC) for their commitment to advancing the country’s renewable energy ambitions. Through our collaboration with Hassan Allam Utilities Energy, we are moving forward with the implementation of this project, which will provide reliable clean electricity to more than one million Egyptian homes while supporting the country's energy transition goals and increasing the contribution of renewable sources to the country’s energy mix."

Omar Hosny, Chief Development Officer of Energy and Water, Hassan Allam Utilities, said: “The signing of the PPA is a critical step in moving Ras Shokeir forward. The project combines a strong wind resource, a strategic location, and the scale needed to make a meaningful contribution to the national grid. Reaching this milestone with Infinity Power and EETC demonstrates what can be achieved when long-term public and private sector partnerships are aligned behind clear national priorities.” -OGN/TradeArabia News Service