Egyptian cabinet approves 869MW Voltalia wind project in Suez

The Egyptian Cabinet has approved a proposal by French renewable energy firm Voltalia (EPA:VLTSA) to develop a wind power project with a capacity of nearly 869MW, Sada Al Balad reported on June 18. The project will be built on land allocated by the New and Renewable Energy Authority (NREA) in the Suez Governorate along the Red Sea coast in exchange for a $53mn payment. The French company should achieve commercial operations by December 2028.

Voltalia operates as a mission-driven, multi-source renewable energy producer. The company currently manages 3.6 GW of wind, solar, and storage capacity in operation or under construction across Europe, Africa, and Latin America.

Backed by an EGP 60bn ($1.16bn) grid modernisation plan finalised in June 2026, Egypt is expanding its infrastructure to integrate utility-scale wind power. This expansion is designed to accelerate the country toward an ambitious target of generating 45% of its electricity from renewable sources by 2028. 

The majority of Egypt's wind capacity is concentrated within the high-velocity wind corridors of the Gulf of Suez and the Red Sea (such as Gabal El Zeit and Zafarana). Recent operational strategies focus heavily on repowering, decommissioning older, legacy turbines to replace them with massive, modernised hybrid wind-and-solar complexes that drastically multiply generation capacity on existing land.

During its weekly meeting, the cabinet also approved a request from the Ministry of Water Resources and Irrigation for the Mechanical and Electrical Department to contract the Middle Egypt Electricity Distribution Company. The contract covers the construction of a new power supply line for the Kabkab pumping station in the Minya Governorate. Serving around 60,000 acres of agricultural drainage land, the station currently relies on two lines sharing a single structural tower; the new line aims to secure a more resilient power supply.

The cabinet endorsed a regulatory decision by the Social Housing and Mortgage Finance Fund to enter into a delegation contract with the Port Said Governorate. The agreement tasks the fund with supervising the construction of social and investment housing units on land north of the Emirati District to support urban development plans in the governorate.