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Sunday, 20 December 2020

Boom time for renewables?

Another 2.4k GW of electricity generated from renewable sources by 2022? The Electricity Ministry is negotiating renewable energy projects with a capacity of 1.4 GW, on top of an agreement to implement 1 GW of plants signed last Saturday, Minister Mohamed Shaker said in a statement to the local press on Thursday. The ministry will soon finalize agreements for projects with a capacity of 400 MW, Shaker said, without providing further details. All projects will be implemented by 2022, and next year Egypt will add another 500 MW to the grid, taking the country’s total renewable generation capacity to 6.37 GW, he added. The plans are part of a larger vision of the oil and electricity ministries to ensure that 42% of the country’s energy is generated from renewable sources by 2035.

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