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CARBON PROJECT

Red Sea Wind Energy Project

Gold Standard · GS12768 · Egypt

All projects Open in the registry
Credits issued
0
tonnes CO₂-equivalent
Credits retired
0
—
Remaining
0
issued and not yet retired
Status
Certified design
Gold Standard Certified Design

About this project

The Red Sea Wind Energy Project (the project) is a new 654 MW wind farm in the Gulf of Suez in Egypt. It is located in an area of 78.5 km² in the Ras Ghareb Local Governmental Unit of the Red Sea Governorate. The project reached financial close on 31 March 2023 and will begin operating in phases: Phase 1 in December 2024 and Phase 2 in August 2025. The project is a voluntary initiative developed by the Red Sea Wind Energy S.A.E consortium (the project developer) based on the “Build, Own, Operate” scheme with the Egyptian government, contributing to Egypt's national targets for renewable energy. The purpose of the project is to decrease GHG emissions by increasing the share of new renewable energy and in the Egyptian Grid. It contributes to the following sustainable development goals (SDGs): SDG13, by decreasing on average 1,116,582 tCO2e/year; SDG7: by delivering on average 2,688,617 MWh/year to the Egyptian Unified Grid; and SDG8, by creating around 40 job opportunities during the operation phase for a duration of 25 years.

The record

Project ID
GS12768
Registry
Gold Standard
Type
Wind · Renewable Energy
Removal or reduction
Reduction
Methodology
—
Developer
Red Sea Wind Energy SAE (RSWE) · 1 project
Country
Egypt
First vintage
—
Crediting period
2024-12-01 to 2029-11-30
Estimated yearly credits
1,151,802
Scale
Large Scale · Standalone
Sustainable Development Goals
Goal 8: Decent Work and Economic Growth · Goal 13: Climate Action · Goal 7: Affordable and Clean Energy
Data from
Berkeley VROD v2026-08 + Gold Standard registry

Community involvement

The registry record we hold does not describe the communities involved.

Registry documents (the project design document and validation report) normally cover consultation and benefit-sharing; open the record in the registry to read them.
Sustainable Development Goals claimed: Goal 8: Decent Work and Economic Growth · Goal 13: Climate Action · Goal 7: Affordable and Clean Energy

Status and timeline

Registry status
Gold Standard Certified Design (Certified design)
First credits (vintage)
none yet
Crediting period
2024-12-01 to 2029-11-30
Credits issued
0 (retired 0)

Location

Country only The registry gives the country only, so the project is not drawn on the map

The registry gives Egypt as the location, so this project is not drawn on the map. It is counted in the country totals.

Other wind projects in Egypt

Ras Ghareb Wind Energy Project
GS11557 · Gold Standard Certified Project
2,815,970
West Bakr Wind Farm Project
GS7739 · Gold Standard Certified Project
1,405,234
Amunet Wind Power Project in Egypt
GS11875 · Gold Standard Certified Design
0
Masdar IPH Wind S.A.E. Ras Ghareb Onshore 200...
GS13084 · Listed
0
Credit totals and status are as compiled in the Berkeley Voluntary Registry Offsets Database v2026-08 (CC BY 4.0) and change as the registries update. Please check the registry record before you quote a figure.
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