The Egyptian Ministry of Electricity and Renewable Energy plans to increase the country’s electrical capacity by 750 megawatts with two new wind and solar energy projects by October 2024.
These projects represent a total investment of $700 million and will significantly advance Egypt’s renewable energy goals.
The first project, a wind energy initiative, will be inaugurated in August with a capacity of 250 megawatts. It is being developed through a partnership between Orascom Construction, Toyota, and Engie in the Gulf of Suez region near Ras Gharib.
The wind energy project will be connected to the national electricity grid upon its completion in August.
The second project is a solar energy station with a capacity of 500 megawatts, carried out by the Emirati company Al Nowais in the Kom Ombo area of Aswan Governorate.
This solar energy station is expected to become operational by October. Implementation progress for the Kom Ombo solar station has already surpassed 75 percent.
The Egyptian government has agreed to purchase the energy produced by both projects, further supporting the nation’s shift towards renewable energy.
