With a project value of $4,500 million, the Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project was the largest Wind Energy construction project globally, on which construction started in Q4 2022. The Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project is located in Riyadh, Saudi Arabia and initially announced in Q1 2021 with an estimated completion in Q1 2027. The China Three Gorges New Energy – Yangjiang Qingzhou V Offshore Wind Farm 1000 MW – Guangdong project was the second-largest project with a project value of $2,205 million, on which construction work started in Q4 2022. The China Three Gorges New Energy – Yangjiang Qingzhou V Offshore Wind Farm 1000 MW – Guangdong project is located in Yangjiang, China and initially announced in Q4 2018 with an estimated completion in Q4 2026.
The China Three Gorges New Energy – Yangjiang Qingzhou VII Offshore Wind Farm 1000 MW – Guangdong project was the third-largest project, the MoEA Netherlands – Hollandse Kust Noord Wind Farm 759MW – Netherlands was the fourth-largest project, and the Lebanese Center for Egy Cons – Akkar Wind Power Program Round I – Aakkar was the fifth-largest project with a project value of $2,095 million, $2,000 million and $480 million respectively. The China Three Gorges New Energy – Yangjiang Qingzhou VII Offshore Wind Farm 1000 MW – Guangdong project located in Yangjiang, China was announced in Q4 2018 with an estimated completion in Q4 2026, the MoEA Netherlands – Hollandse Kust Noord Wind Farm 759MW – Netherlands project located in , Netherlands was announced in Q1 2015 with an estimated completion in Q4 2024 and the Lebanese Center for Egy Cons – Akkar Wind Power Program Round I – Aakkar project located in Akkar, Lebanon was announced in Q2 2012 with an estimated completion in Q2 2024.
Among the five largest projects, the Saudi PIF – Renewable Energy Program: Phase II – Ar Riyad project is the longest in terms of completion date, with construction expected to be completed in Q1 2027. On the other hand, the Lebanese Center for Egy Cons – Akkar Wind Power Program Round I – Aakkar project is the shortest in terms of completion date, with construction expected to be completed in Q2 2024.
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