Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) for the establishment of the 140 MW Al Sila wind power project in Abu Dhabi, United Arab Emirates. This RfP was sent to 16 companies and consortiums that qualified during the expression of interest round conducted in October 2024. Responses to the...
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17.01.202517.01.2025Economy, Investments
OPEC Fund Contributes $30 Million to Egypt’s Largest Wind Power Project
The OPEC Fund for International Development is making a significant investment in renewable energy by co-financing Africa’s largest onshore wind power project. The fund is contributing US$30 million towards the construction of two wind farms, each with a capacity of 550 MW, located in Egypt’s Gulf of Suez region. Together, these facilities will have a...
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03.01.202503.01.2025Investments
ACWA Power Secures $692 Million for Egyptian Wind Power Project
Saudi Arabia’s ACWA Power has successfully secured $692 million in funding for a major wind power project in Egypt. The funds will be used to develop, build, and operate a 1,100 MW wind power plant in Suez, marking a significant boost for renewable energy in the region. The financing was provided by several international institutions,...

