Gulf of Suez II Wind Farm is a 501.7MW onshore wind power project. It is planned in Red Sea, Egypt. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2025. Buy the profile here.
The project is being developed by Red Sea Wind Energy. Engie, Orascom Construction, Eurus Energy Holdings and Toyota Tsusho are currently owning the project having ownership stake of 35%, 25%, 20% and 20% respectively.
The project is expected to generate 2,000,000MWh electricity and supply enough clean energy to power 800,000 households. The project is expected to offset 1,000,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $660m.
The project will have 63m high towers.
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Egyptian Electricity Transmission under a power purchase agreement for a period of 25 years.
Siemens Gamesa Renewable Energy is expected to render engineering procurement construction services for the wind power project.
Siemens Gamesa Renewable Energy will be the turbine supplier for the wind power project. The company is expected to provide 173 units of SG 2.9-114 turbines, each with 2.9MW nameplate capacity.
Siemens Gamesa Renewable Energy is expected to perform operations and maintenance for the wind power project for a period of 15 years.
For more details on Gulf of Suez II Wind Farm, buy the profile here.