Egypt took a significant stride towards bolstering its renewable energy industry as the Egyptian Electricity Transmission Company (EETC) inked a memorandum of understanding (MoU) with Belgian maritime infrastructure company Jan De Nul to evaluate an initiative to export renewable energy to Europe, according to an official cabinet statement on Thursday, 16 November. The core of the project involves the installation of a subsea cable with a minimum capacity of two gigawatts, enabling the transmission of renewable energy from Egypt to Europe. The strategic move aligns with Egypt’s ambition to establish itself as a pivotal regional hub for renewable energy, further solidifying its role as an imp
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