Africa-focused renewable energy independent power producer, Infinity Power, has announced that it has achieved financial close on the 200 MW onshore wind project in Ras Ghareb Egypt and is set to launch construction works in September.

The renewable energy developer signed a long term power purchase agreement with Egyptian Electricity Transmission Company (EETC) for offtake of the electricity produced by the wind energy facility. The project is scheduled to go live in the summer of 2027.

The project is expected to create numerous local jobs during the construction and operational phases, providing an economic boost to the region. Once fully operational, the wind farm is expected to generate around 810,000 MWh of clean electricity annually, enough to meet the power needs of about 311,000 local homes and eliminate about 400,000 tonnes of carbon dioxide emissions per year.

The wind energy project underscores the growing momentum behind Egypt’s strategy to diversify its energy mix and leverage its abundant natural resources for power generation. Wind energy, in particular, is seen as a key component in meeting the nation’s growing electricity demands sustainably.

“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,” said Eng. Nayer Fouad, CEO of Infinity Power.

The wind farm project will help Infinity Power reach its target of 10GW of operational renewable energy by 2030. This target will have the capability to provide electricity to 12 million homes across the African continent by the end of this decade and would contribute a further reduction of approximately 15 to 20 million tons of carbon dioxide emissions per year.

“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 Ismail Mansour, Chairman of Infinity Power.