close
close

Mondor Festival

News with a Local Lens

Toyota Tsusho to increase Egyptian wind farm capacity by 150 MW
minsta

Toyota Tsusho to increase Egyptian wind farm capacity by 150 MW

Toyota Tsushoin collaboration with Eurus Energy, increases the capacity of the Gulf of Suez II wind farm in Egypt by 150 MW, bringing its total capacity to 654 MW.

This expansion will make the wind farm the largest in Africa in terms of installed capacity. The move aligns with Egypt’s goal of increasing renewable energy to 42% of its electricity mix by 2030.

The expansion project will see the installation of 20 additional wind turbines, each with a capacity of 7.5 MW – among the largest onshore wind turbines in the world.

The initial plan called for the installation of 84 turbines, each with a capacity of 6 MW.

The wind farm, located in the Gulf of El Zayt, is a joint venture between Toyota Tsusho (40%), Eurus Energy (20%), Engie (35%) and Orascom Construction (25%).

The wind farm will be operated by Red Sea Wind Energy.

Access the most comprehensive company profiles on the market, powered by GlobalData. Save hours of research. Gain a competitive advantage.

Company Profile – Free Sample

Your download email will arrive shortly

We are confident in the unique quality of our business profiles. However, we want you to make the decision that is best for your business, which is why we are offering a free sample that you can download by submitting the form below.

By GlobalData







Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information about your rights in relation to your personal data and how you can unsubscribe from future marketing communications. Our Services are intended for business subscribers and you warrant that the email address submitted is your business email address.

Construction began in March 2023, and commercial operations for the increased capacity are expected beginning in August 2025.

Total capital expenditure for the development of the project is estimated at $790 million, including $130 million for capacity expansion.

Funding for the project was secured from the European Bank for Reconstruction and Development, the Japan Bank for International Cooperation, Nippon Export and Investment Insurance, Bank NorinchukinSociété Générale (France) and Sumitomo Mitsui Bank Corporation.

The electricity produced will be supplied to the Egyptian Electricity Transmission Company under a 25-year power purchase contract.

The Gulf of Suez I wind farm, with a capacity of 262.5 MW, has been operational since October 2019 in the same region. It was developed with an investment of $400 million and is operated by Ras Ghareb Wind Energy.

Together, these projects will provide a combined wind capacity of 916.5 MW, supporting the expansion of renewable energy and economic development of Egypt.