Egypt’s Private Sector Renewable Energy Projects Worth $4.4 Billion: Minister of Electricity and Renewable Energy ...Egypt

Renewable energy projects that are currently being carried out by Egypt’s private sector are worth USD 4.4 billion, the Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker announced. The Minister stated that these projects aim to increase the nation’s renewable energy capacity to 10,000 megawatts (MW) by the end of 2025. As of 2022, the total renewable energy capacity in Egypt amounted to 6,322 megawatts. Egypt is looking to export up to 5.6 million tons annually of green hydrogen, with the aim of reaching 8 percent of the global market’s share of hydrogen, he said, adding that the government will submit to the parliament the green hydrogen projects’ incentives during the c

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