The New, Groundbreaking Innovations Driving ACWA Power’s Growth

The ACWA Power and Hassan Allam Consortium have signed a land agreement for the Gulf of Suez Wind Energy Project, which is set to be the largest onshore wind energy project in the Middle East and one of the largest in the world. The project, located in the Gulf of Suez and Jabal Al-Zeit regions of Egypt, is expected to generate 1.1 GW of electricity, powering approximately 1,080,000 households. With an investment of USD 1.5 billion, the project is also expected to reduce CO2 emissions by 2.4 million tons annually, contributing significantly to Egypt’s renewable energy goals.