is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Egypt’s significant strides towards a sustainable energy future
Egypt economic development hinges on energy sector, and the government has pursued Integrated Sustainable Energy Strategy (ISES) to 2035, to ensure security and stability of energy supply, depending on renewable energy and energy efficiency, to reach percentage of renewable energy contribution to 37.2% in 2035.
Investment in renewable energy capacity over the period would have to be raised, from USD 2.5 billion to USD 6.5 billion per year. Volume of foreign investments in new energy projects in Egypt doubled to $3.5 billion during 2021/2022 on annual basis.