NEWS

Infinity Power, the largest African pure-play renewable energy provider, and Hassan Allam Utilities Energy, the renewable energy developer of Hassan Allam Utilities, have signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the 1 GW Ras Shokeir Wind Project in Egypt’s Red Sea Governorate.

The landmark agreement advances a major utility-scale wind development and marks a decisive step in expanding Egypt’s renewable energy capacity. The ceremony was attended by Eng. Adel El Hariry, EETC Executive Board Member for Studies and Design; Eng. Hamida El-Sanea, General Manager for Renewable Energy Private Sector at EETC; Hisham El Gamal, Director of Governmental Affairs at Infinity Power; Omar Hosny, Chief Development Officer at Hassan Allam Utilities and Mokhtar AbulAta, Director of North Africa Business Development at Infinity Power, reflecting the strong support of the various parties and the project’s strategic importance in advancing Egypt’s renewable energy sector.

The project will be developed across approximately 143 km² in Ras Shokeir, within the Gulf of Suez region—one of Egypt’s strongest wind corridors. By converting this high-quality natural resource into reliable, utility-scale power, the development will add 1 GW of renewable generation capacity to the national grid and support a more secure and diversified energy system. Once operational, the Ras Shokeir Wind Project is expected to generate enough clean electricity to power more than 1.2 million Egyptian homes while avoiding over 1.36 million tonnes of CO₂ emissions annually, contributing to Egypt's clean energy ambitions and long-term decarbonization goals.

The PPA establishes the framework under which EETC will purchase the electricity generated by the project, marking a major step in the Project’s development. Developed by Infinity Power and HAU Energy, Ras Shokeir brings together strong local development capabilities and extensive regional renewable energy expertise to advance a project of national significance.

The signing reflects continued momentum behind Egypt’s renewable energy program and the important role of public-private collaboration in mobilizing investment for large-scale energy infrastructure. It also supports the country’s long-term objectives to increase renewable generation, strengthen energy security, and reduce the carbon intensity of its power sector.