Egypt plans to add 30GW of renewable energy capacity
Thursday, 15 August 2024
RIYADH, Aug 14 (Arab News): Egypt aims to save $4.1 billion annually in fuel costs by adding 30 gigawatts of new renewable energy capacity, as revealed in a recent government meeting.
This initiative is part of the country's larger strategy to boost electricity generation from sustainable sources and lessen reliance on traditional energy.
Prime Minister Mostafa Madbouly led the meeting, where officials reviewed ongoing renewable energy projects. The discussion included Rania Al-Mashat, minister of planning, economic development, and international cooperation; Mahmoud Esmat, minister of electricity and renewable energy; Hassan Al-Khatib, minister of investment and foreign trade; and other key figures.