Skip to main content

Saudi Arabia’s ACWA Power to develop wind project in Egypt

Wind power is slowly growing in the Middle East and North Africa, including in the oil-rich Gulf.
Saudi Minister of Energy, Industrial and Mineral Resources, Khaled al-Falih.

A Saudi Arabian energy company signed an agreement yesterday to develop a major wind project in Egypt. 

ACWA Power’s project will be located in the Gulf of Suez. The facility will provide 1.1 gigawatts of wind power when completed, which will provide electricity to more than 1 million homes. ACWA signed the agreement with the Egyptian government, ACWA said in a press release. 

Why it matters: The project would be one of the biggest wind power plants in the Middle East. It takes 364 wind turbines to produce one gigawatt of wind power, according to the US Department of Energy. 

Wind power is slowly growing in the Middle East and in North Africa as countries seek to reduce their dependence on oil. Saudi Arabia’s wind farm in Dumat Al Jandal is expected to be completed this year. The Emirati renewable energy firm Masdar is working on the project. 

The Brussels-based Global Wind Energy Council said in April that Egypt, Saudi Arabia and Morocco will each add more than a gigawatt of wind power by 2026. 

Know more: Egypt and Saudi Arabia are working on other renewable energy projects together as well. Yesterday, the two countries signed an agreement pledging to further develop green hydrogen energy together. 

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Already a Member? Sign in


The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.


What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial
What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

We also offer team plans. Please send an email to and we'll onboard your team.

Already a Member? Sign in

Gulf Briefing Gulf Briefing

Gulf Briefing

Top GCC stories in your inbox each week

Trend Reports

Saudi Crown Prince Mohammed bin Salman (4th R) attends a meeting with Chinese President Xi Jinping (3rd L) at the Great Hall of the People in Beijing on February 22, 2019. (Photo by HOW HWEE YOUNG / POOL / AFP) (Photo credit should read HOW HWEE YOUNG/AFP via Getty Images)

From roads to routers: The future of China-Middle East connectivity

A general view shows the solar plant in Uyayna, north of Riyadh, on March 29, 2018. - On March 27, Saudi announced a deal with Japan's SoftBank to build the world's biggest solar plant. (Photo by FAYEZ NURELDINE / AFP) (Photo credit should read FAYEZ NURELDINE/AFP via Getty Images)

Regulations on Middle East renewable energy industry starting to take shape

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial