Energy Mix
El-Sisi reviewed the latest developments in implementing Egypt’s national strategy to expand new and renewable energy projects, which targets raising renewable energy’s share to 45% of total power generation by 2028.
The meeting discussed the role of international partners in providing technical support and financing for renewable energy projects, contributing to Egypt’s position as a regional hub for energy and electrical equipment manufacturing.
The president reviewed the role of international partners in providing technical support and financing for renewable energy projects, contributing to Egypt’s position as a regional hub for energy and electrical equipment manufacturing.
Egypt is set to connect the second phase of the Obelisk Solar Power Plant to the national grid within the coming weeks as part of plans to add new solar and wind energy capacity this summer
The Egyptian government is seeking to diversify the energy mix through a set of policies.
The construction of the Gulf of Suez wind station, which is owned by the New and Renewable Energy Authority, comes within the framework of the state’s plan to diversify energy sources and expand renewable energy projects.
Desert areas in Egypt extend over 7,673 kilometers.
“Egypt has started investing in renewables in a very interesting way at large scale.”
