Efforts made over the past few past years have made of Egypt one of the solutions to the ongoing energy problem, the minister pointed out
President El-Sisi stated in September that Egypt is looking to increase its percentage of green investments to 50% of the country’s total public investments by FY2023/2024
The MoUs are in line with the Ministry’s efforts to improve the oil and gas industry’s carbon-cutting capabilities, as well as boost its environmental sustainability
Solar-powered cells and batteries were installed and operating in 21 companies’ buildings and fields at a capacity of 1,350 kilowatts
It also includes research into establishing a joint company that would be dedicated to carrying out the feasibility study