Dubai – Business News Report|| Norwegian energy developer Scatec has officially announced the commencement of construction activities for the Shadwan wind farm in Egypt. The project is being executed in partnership with French company EDF Power Solutions. This development marks a significant step in Cairo’s strategy to expand renewable energy capacity and increase the share of clean sources in its electricity generation mix.
The facility will feature a total installed capacity of 900 megawatts. Initial construction works began earlier this year, preceding the formal announcement regarding the start of the main construction phase. The project represents a major investment valued at approximately 716 million dollars, aimed at leveraging strong wind resources along the Red Sea coast.
Project Timeline and Output
The implementation of the Shadwan wind farm will proceed in stages. The first phase involves bringing 242 megawatts into commercial operation by the end of November 2027. The entire facility, reaching its full 900-megawatt capacity, is scheduled to be completed by April 2028. Annual electricity production is expected to reach approximately 4 terawatt-hours.
This output will help avoid roughly 1.6 million tons of carbon dioxide emissions annually. The plant is located in the Ras Shaqar area within the Red Sea Governorate, covering an area of about 90 square kilometers. It sits approximately 22 kilometers southwest of Ras Ghareb city.
Technical Specifications and Partners
The site will host 83 wind turbines alongside a substation, cable networks, internal roads, and operation and maintenance facilities. Envision Energy from China is responsible for supplying and installing the wind turbines. Orascom is executing the civil infrastructure works, while Siemens and Arcon handle substation activities. Spanish firm TYPSA provides engineering services.
Connection to the national grid will be facilitated by a 500-kilovolt overhead transmission line extending about 45 kilometers to the West Bakr substation. The project operates under a 25-year power purchase agreement with the Egyptian Electricity Transmission Company, guaranteed by the Ministry of Finance.
Financing and Employment Impact
Scatec secured a 150-million-dollar financing package from the Arab Fund for Economic and Social Development for three years. Fifty million dollars are allocated to Shadwan, while 100 million dollars support the Energy Valley project. The International Finance Corporation may provide up to 100 million dollars in loans.
EDF Power Solutions will hold a 29 percent stake in the project through a joint development agreement. During peak construction, the project is expected to create around two thousand jobs, including three hundred skilled positions and seventeen hundred semi-skilled or unskilled roles.
This story was produced in the newsroom from the disclosed sources named above.
