Egypt’s Infinity Power is gearing up for a massive $1 billion solar power project with battery storage, building on the recent financial close of its 200 MW Ras Ghareb wind farm. This move, in partnership with UAE’s Masdar, aims to boost Egypt’s renewable energy goals and cut reliance on fossil fuels amid growing demand for clean power.
Project Details and Timeline
Infinity Power plans to develop a 1,200 MW solar project split between Benban in Aswan and Minya governorate. The setup includes 720 MWh of battery storage to ensure steady power supply, even at night or during low sunlight.
This follows the November 2024 power purchase agreements signed with the Egyptian Electricity Transmission Company. Construction could start soon, with operations targeted for late 2026 or early 2027, aligning with Egypt’s push to reach 42 percent renewable energy by 2030.
The project is expected to create hundreds of jobs and attract international investors, much like recent deals in the sector.
Wind Farm Success Drives Expansion
The Ras Ghareb wind farm, a joint venture with Masdar, secured $164 million in financing and marks Infinity Power’s first greenfield wind project in Egypt. It will generate about 810,000 MWh yearly, offsetting 390,000 tonnes of CO2 emissions.
Financing came from key players like the European Bank for Reconstruction and Development, which provided $74.1 million, plus support from the Green Climate Fund, Japan International Cooperation Agency, and others. The total cost hits $216.74 million, with PowerChina handling construction for a 2027 completion.
This success paves the way for more wind projects, including a 300 MW site in Hurghada and a 1,000 MW one in Ras Shukeir.
Here are key features of the Ras Ghareb wind farm:
- Capacity: 200 MW onshore wind power
- Location: Ras Ghareb, Gulf of Suez region
- Annual output: Enough to power over 200,000 homes
- Environmental impact: Reduces carbon footprint equivalent to removing 80,000 cars from roads
Broader Renewable Energy Impact in Egypt
Egypt’s renewable sector is booming, with Infinity Power already running over 250 MW of solar in Benban, the world’s fourth-largest solar complex. The new solar battery project fits into national plans to save $5 billion yearly on gas costs by ramping up clean energy.
Recent events show momentum, like Scatec’s 900 MW Shadwan wind deal in June 2025. These efforts help Egypt combat climate change and meet global sustainability targets.
Experts say such projects could position Egypt as a clean energy hub in Africa, drawing tech and funding from Europe and Asia.
Project | Capacity | Location | Estimated Cost | Timeline |
---|---|---|---|---|
Ras Ghareb Wind | 200 MW | Gulf of Suez | $217 million | Completion 2027 |
New Solar Battery | 1,200 MW + 720 MWh | Benban and Minya | $1 billion | Start 2026 |
Hurghada Wind | 300 MW | Hurghada | TBD | Planning stage |
Ras Shukeir Wind | 1,000 MW | Ras Shukeir | TBD | Future expansion |
EV Charging Growth and Sustainability Goals
Infinity Power’s subsidiary, Infinity EV, is expanding Egypt’s electric vehicle infrastructure with over 240 charging stations already built. The goal is 300 by end of 2025, covering highways, fuel stops, and neighborhoods.
This has spiked EV adoption by nearly 80 percent recently, tying into broader low-carbon efforts. Company leaders stress how renewable generation and EV support create a full sustainable ecosystem.
Challenges and Future Outlook
While promising, these projects face hurdles like grid upgrades and regulatory approvals. Egypt’s energy demand is rising with population growth, making timely execution crucial.
Looking ahead, Infinity Power eyes more partnerships to hit Egypt’s 2030 renewable targets. Analysts predict these investments could lower power costs and boost exports to neighboring countries.
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