2 Hrs
Source:
Sky News
Infinity Power and Hassan Allam agree on wind project
Infinity Power, the largest renewable energy provider in Africa, along with Hassan Allam Utilities, announced the signing of a power purchase agreement with the Egyptian Electricity Transmission Company to implement a 1-gigawatt wind energy project in Ras Shoukier, Red Sea Governorate. The project aims to increase clean energy production in Egypt, with the capacity to supply over 1.2 million homes with electricity and contribute to the reduction of more than 1.36 million tons of carbon dioxide annually, supporting Egypt's efforts to transition to a low-carbon economy and expand renewable energy sources. The project spans an area of 143 square kilometers within the Suez Gulf wind corridor and is one of the largest wind energy projects in Egypt, enhancing the country's position as a regional hub for renewable energy. The signing of the agreement marks a significant milestone in the project's development and underscores the companies' commitment to achieving Egypt's environmental and strategic energy goals.
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