Masdar, and Infinity Power, have signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to deliver a long-term supply of renewable energy generated by a 200 MW onshore wind project, located in Ras Ghareb, Gulf of Suez region.
The wind farm is expected to generate 810,000 MWh annually, thereby avoiding an estimated 403,672 tonnes of CO2 equivalent emissions each year. This project is the latest addition to Infinity Power’s growing portfolio, as the company aims to achieve 10 GW of operational renewable energy by 2030. By the end of the decade, this target could supply electricity to 12 million homes across Africa and contribute to a further reduction of approximately 15 to 20 million tons of carbon dioxide emissions annually.