Egypt responding to the current oil shock; announcing new wind and solar projects
Egypt, mostly known as The Land of the Nile responding to the current oil shock by announcing new wind and solar projects. For a country that’s over 90% sand desert, to installing gigawatts of solar and wind energy seems no brainer.
On March 18, the Egyptian electricity and renewables ministry announced that agreement for nearly 6 gigawatts of solar, wind, and battery storage facilities along the Red Sea coastline to be developed in a partnership between the Egyptian firm Orascom Construction, French utility Engie, and Japanese conglomerate Toyota Tsusho.
