Gulf of Suez Offshore Wind is a 1,500MW offshore wind power project. It is planned in Red Sea, Suez, Egypt. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.

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Description

The project is being developed by GE Energy. The project is co-owned by GE Energy and Others, with their respective ownership stake of 50% each.

Development status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.

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About GE Energy

GE Power (GEP or ‘the company’) (formerly known as GE Energy), a business division of the General Electric Company, is a provider of power generation and water processing products and related services. The company’s product portfolio includes aeroderivative and heavy-duty gas turbine systems, generators, boilers, steam turbines, air quality control systems, gas engines, reactors and water treatment, waste water treatment and process system solutions, among others. GEP operates through five segments: Power Generation, Steam Power Generation, GE Hitachi Nuclear Energy, Water & Process Technologies and Digital Solutions. GEP has operations across 150 countries. It is headquartered in Schenectady, New York.

This content was updated on 4 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.