Transforming MENA's Energy Landscape: Envision Energy Set to Power Egypt's Gigawatt-Scale Wind Project

January 21, 2025 06:48 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

CAIRO, Jan. 21, 2025 /PRNewswire/ -- Envision Energy, a global leader in in green technology, has secured a landmark contract for Saudi developer and world largest private company in water desalination, leader in energy transition and first mover into green hydrogen, ACWA Power's 1.1GW onshore wind farm in Egypt's Gulf of Suez region, set to become one of the largest in the Middle East and North Africa (MENA) region. This groundbreaking collaboration will significantly enhance Egypt's renewable energy capacity, supporting the country and MENA's energy transition and sustainable development goals.

The project is managed by Suez Wind Energy, a joint venture by Saudi Arabia's ACWA Power and HAU Energy, with financing provided by the European Bank for Reconstruction and Development (EBRD). It will feature 138 of Envision Energy's state-of-the-art 8 MW wind turbines, designed for high wind speeds and sandy environments and include 25 years of long-term maintenance services, ensuring optimal performance and reliability throughout its lifespan.

"We are thrilled to be part of this transformative project in Egypt. By leveraging our cutting-edge turbine technology and industry-leading supply chain integration, this project will set a new standard for large-scale wind energy in the MENA region." said Kane Xu, Senior Vice President and President of International Product Lines at Envision Energy, "As the world accelerates its transition to cleaner energy, this project highlights the power of innovation and collaboration to scale sustainability. It underscores our commitment to delivering tailored solutions that meet the unique challenges of renewable energy deployment in diverse environments."

Envision Energy's 8 MW platform turbines are customizable with different blade configurations and hub heights to optimize energy capture in diverse conditions. Backed by Envision's industry-leading vertical supply chain integration and in-house development and manufacturing of critical components, these turbines offer superior quality and reliability. Additionally, the use of Envision's Galileo system, which analyzes real-time wind data to define precise load conditions for component- and system-level testing, ensures unmatched performance.

This project marks a significant milestone in the MENA region's clean energy journey, offering broad economic and environmental benefits. It will enhance Egypt's renewable energy infrastructure, attract further investment, drive innovation, and create job opportunities. By setting a new benchmark for large-scale renewable energy projects, the wind farm underscores Envision Energy's commitment to advancing the global energy transition and lays the foundation for future collaborations worldwide.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.