Egypt is set to experience a rise in its renewable energy production, with an expected increase of nearly 4,000 megawatts (MW) (4 GW) in the first quarter of next year. This development is part of the country’s long-term strategy to enhance the share of renewable sources in its energy mix, targeting 60 percent by 2040.
According to a government report, the additional output will be generated from solar and wind energy projects currently under construction in various regions of Egypt. To support Egypt’s RE initiatives, the Electricity and Renewable Energy Ministry has allocated a budget of 3.7 billion Egyptian pounds ($77 million) for the 2024-2025 fiscal year.
In line with its renewable energy goals, the government has designated 141,000 square kilometers in the Southern Aswan province for the development of solar, wind energy, and green hydrogen projects. Additional project sites have been identified in other parts of the country, which will also contribute to the overall increase in renewable energy production.
A 20-MW solar power station project in the Eastern Red Sea port of Hurghada is approved amongst a few others for the upcoming year. This initiative will be funded by the Japan International Cooperation Agency (JICA), highlighting the involvement of international organizations in Egypt’s renewable energy endeavors.
As a result of these efforts, Egypt’s RE generation is expected to reach 15,800 MW by 2025, more than double the 6,000 MW produced two years ago. The government’s long-term plan involves adding 159,000 MW to the country’s renewable power network from solar and wind energy projects by 2040, ultimately aiming to boost the share of renewable energy to 60 percent. The increase in renewable energy production is expected to contribute to a more diversified energy mix, reducing the country’s reliance on traditional energy sources.
