Egypt to Boost Renewable Energy by 20%

Egypt to Boost Renewable Energy by 20%

The Egyptian New and Renewable Energy Authority’s (NREA) Chairman, Mohamed El Sobky, stated by 2022 Egypt would have increased power production from renewable resource by 20%.

El Sobky added that NREA has tendered projects with energy generation capacities of 4300MW according to Egypt’s power purchasing Feed-in-Tariff (FiT) program, reported Al Mal News.

Furthermore, NREA is expanding in wind energy with an estimated 12,000MW of total wind power capacity projects in the pipeline, together with a 750MW wind energy project launched in 2015. NREA is collaborating with German Siemens to construct a 2000MW wind farm, and is in talks with General Electric (GE) and Spain’s Fiestas to establish wind energy projects with 2000MW and 2200MW respectively.

This comes as Egypt Oil&Gas reported that the Egyptian Prime Minister, Sherif Ismail, had signed off on the country’s 2035 Sustainable Energy Strategy during a meeting with the Egyptian Supreme Council of Energy. The strategy covers three segments, which included the restructuring of the gas sector, the promotion of energy efficiency, and combating global warming by lessening greenhouse gas emissions.

Sarah Samir 2747 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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