Global Infrastructure SherpaEgypt signs PPAs for 5,620 MW of wind, solar, and battery storage projects with Orascom, Engie, Aleos, and KEMET
Egypt has signed a comprehensive set of power purchase agreements (PPAs) covering 5,620 MW of new renewable energy and battery storage capacity. The agreements include a 900 MW wind project in Ras Shukeir, developed by a consortium of Orascom Construction, Engie, and Aleos (Toyota), with a dedicated PPA signed with the Egyptian Electricity Transmission Company (EETC). Additionally, United Egypt Group (KEMET) will develop a 2,000 MW solar plant and a co-located 2,000 MW battery storage facility in Naga Hammadi. KEMET's portfolio under these agreements also encompasses two further solar projects totaling 720 MW (320 MW and 400 MW) planned for El-Oweinat. These PPAs represent a material expansion of Egypt's clean energy infrastructure, integrating substantial wind, solar, and storage assets into the national grid.
Counterparts (5)
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- 900 MW wind project in Ras Shukeir by Orascom, Engie, and Aleos (Toyota)
- 2,000 MW solar plant and 2,000 MW battery storage facility in Naga Hammadi by KEMET
- 720 MW of additional solar capacity planned in El-Oweinat by KEMET
- PPAs announced on March 20, 2026, with EETC as offtaker
- Total capacity across all projects: 5,620 MW
Source Intelligence
Land use rights for the wind project were granted under a dedicated agreement. The 5,620 MW package includes 900 MW wind, 2,720 MW solar (2,000 MW in Naga Hammadi and 720 MW total in El-Oweinat), and 2,000 MW battery storage co-located with the Naga Hammadi solar plant.
"The agreements include a 900 MW wind project in Ras Shukeir developed by Orascom Construction, Engie, and Aleos (Toyota)."
"The agreements include a 900 MW wind project in Ras Shukeir developed by Orascom Construction, Engie, and Aleos (Toyota)."
"The agreements include a 900 MW wind project in Ras Shukeir developed by Orascom Construction, Engie, and Aleos (Toyota)."
"Another agreement covers projects by United Egypt Group (KEMET) including a 2,000 MW solar plant in Naga Hammadi."
"A separate PPA was also signed with the Egyptian Electricity Transmission Company (EETC) for power offtake from the same project."
Timeline
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