The two wind energy projects are set to have a combined capacity of 8 gigawatts
The purpose of this agreement is to cooperate to prepare for implementing a project to export renewable energy to Europe via the Mediterranean
Through the MoU, they will prepare a technical, economic, and financial feasibility study for establishing a 2,000-megawatt pumping and storage station with a BOO system
The debt swap will assist the government’s efforts in meeting its goals of generating 42% of Egypt’s electricity from renewable sources by 2030 by financing investments and projects accelerating the transition
The cooperation protocol aims to prepare an executive plan for cybersecurity in the Ministry of Electricity and Renewable Energy, its agencies and subsidiaries, in accordance with National Strategy for Cyber Security.