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Monday, 16 August 2021

NREA projects’ energy production up 22% in FY2021-2022

Egypt’s renewable energy production from the New and Renewable Energy Authority’s (NREA) projects has increased over 22% y-o-y in FY2021-2022, reaching c. 4.5k megawatts / hour, the NREA announced in a meeting last Tuesday, attributing the increase to improved operational efficiency and maintenance. Solar and wind projects affiliated with the NREA offset around 2.2k tons of CO2 emissions officials said, adding that the NREA runs projects with a collective capacity of 6k MW, of which 1.2k MW is owned by the NREA. Egypt’s solar energy production was up 306% y-o-y to 3.6k GWh in FY2019-2020 thanks to contributions from Aswan’s Benban solar power park, which came online in December 2019.

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