Ras Ghareb Wind Farm is a 3,000MW 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 announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2028. Buy the profile here.
Smarter leaders trust GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Description
The project is being developed and currently owned by Engie, Orascom Construction and Toyota Tsusho. The owners have 33.33% stake in the project respectively.
The project is expected to supply enough clean energy to power 2,000,000 households, to offset 6,500,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2028.
For more details on Ras Ghareb Wind Farm, buy the profile here.
About Engie
Engie SA (Engie) is an electric utility. It generates electricity using natural gas, coal, nuclear, hydro, wind, biomass, geothermal and solar sources, and trades and sells energy. It supplies, distributes, trades and sells natural gas; and offers a comprehensive range of services related to the energy-efficiency. The company operates urban heating and cooling networks, and provides facility management, and other technical and management services. Engie serves customers in Latin America, North America, Europe, Africa, the Middle East and Asia. It operates conventional and renewable facilities and has interests in various projects under development and construction stages worldwide. Engie is headquartered in Courbevoie, Ile-de-France, France.
About Orascom Construction
Orascom Construction Plc (Orascom Construction) undertakes engineering and construction contracts. It carries out the construction projects for cement plants and fertilizer plants, liquefied natural gas (LNG) facilities, defense infrastructure, manufacturing plants, power generation plants, public sector buildings, residential communities, transportation networks, wastewater management and treatment plants. Orascom Construction also offers project management services such as project design, planning, construction, asset management, operation, and maintenance. The company serves oil and gas, power and energy generation, bridges and heavy steelworks, and industrial sectors. It has operations in the US, and multiple countries in the Middle East, North Africa (MENA). Orascom Construction is headquartered in Dubai, the UAE.
About Toyota Tsusho
Toyota Tsusho Corp (Toyota Tsusho) is a diversified general trading and project management company. It offers chemicals, textiles, and logistics services. It trades steel, aluminum, electronics, energy, machinery, and other consumer products and services. Toyota Tsusho serves a wide range of customers including machine manufacturers and vendors, textile industries, semiconductor companies, chemical and plastic firms, beverage, energy, automotive, electronics, food, agriculture, and among others. It has presence in North America, Central and South America, Europe, CIS Countries, Middle East, East Asia, Asia, and Oceania. Toyota Tsusho is headquartered in Nakamura-ku, Nagoya, Japan.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
