Egypt’s renewables drive shifts focus
Green hydrogen and distributed solar grab investor attention as country prepares for Cop27 climate talks in November
Saudi Arabian power company Acwa Power has agreed to develop the Middle East’s largest windfarm at Egypt’s Gabal el-Zayt wind power hub on the Gulf of Suez under a contract signed in June during a visit by Crown Prince Mohammed bin Salman. However, new government-procured utility-scale projects of this type have become a rarity as the country now has more capacity than the transmission system can handle or grid-connected consumers require. Egypt is a regional leader in non-hydro renewables, with some 3.4GW onstream by the end of 2021. The focus of investor attention has switched to alternative downstream deployment of the largely desert nation’s vast solar and wind potential—chiefly in terms

Also in this section
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers