Egypt aims to generate 42% of its electricity from renewable sources by 2030 and increase this to 60% by 2040.
To achieve this goal, Egypt is implementing large-scale solar, wind, and hydrogen projects, supported by private investors and international partners.
Egypt is positioning itself as a regional clean energy hub, expanding its renewable energy capabilities.
The country has significant potential for developing solar and wind energy due to its favorable geographical conditions.
The Egyptian government is also focusing on diversifying its energy sources with the support of private investments.
In January 2024, Egypt signed renewable energy contracts worth approximately $1.8 billion.
