Envision Energy, AMEA Power Sign Deal for Egypt's 500 MW Amunet II Wind Project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Envision Energy has signed an agreement with AMEA Power to develop the 500 MW Amunet II wind project in Egypt. The announcement comes after AMEA Power commissioned its 500 MW Ras Ghareb Wind Power Plant in Egypt in June 2025. Amunet II marks the company's second utility-scale wind project in the country and, once operational, will increase its total wind generation capacity in Egypt to 1 GW. The project will contribute to Egypt's renewable energy goals and support the country's transition to a cleaner and more diversified energy mix.

List of the country updates

Country updates

  • June 15, 2026

    Alcazar Energy Signs Deal to Acquire Egypt's 580 MW Gabal El-Zeit Wind Project

    Alcazar Energy Partners (AEP) has signed acquisition terms with the New and Renewable Energy Authority (NREA) in respect of the 580 MW Gabel el Zeit Wind Project located in Egypt’s Red Sea Gover...

    Read more
  • March 03, 2026

    Commercial operations reached for first phase of the 1.1 GW Solar project in Egypt

    Scatec ASA has reached Commercial Operations Date (COD) for the first phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt.

    Read more
  • February 27, 2026

    Egypt Launches International Tender for 500 MW Solar PV Project in West Nile Region

    The Egyptian Electricity Transmission Company (EETC) has launched an international tender inviting local and international developers to design, finance, build, own, and operate a 500 MW solar power p...

    Read more
  • January 14, 2026

    US$150 Million Financing Secured for 1.1 GW Solar Project in Egypt

    The European Investment Bank (EIB), through its development arm EIB Global, announced US$150 million in financing for the Obelisk solar photovoltaic project in Egypt, marking the inauguration of...

    Read more
  • December 12, 2025

    Scatec signs equity partnership agreements for Obelisk solar and battery storage project in Egypt

    Scatec ASA has signed shareholder agreements with Norfund and EDF Power Solutions for an equity partnership in Scatec’s 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Eg...

    Read more

Share this update