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Egypt targets 45 thousand MW from renewable energy projects under construction

Esmat reviewed the development of loads on the national electricity grid, it reached its peak point on July 22, when loads reached 38 gigabytes.

By: Business Today staff

Tue, Jul. 30, 2024

Egypt targets 45 thousand megawatts from renewable energy projects under construction, Minister of Electricity and Renewable Energy, Mahmoud Esmat said during the Cabinet’s meeting.

Esmat noted that the total current capacity of renewable energy combined from wind and sun amounted to about 4.6 gigawatts, while the current capacity of hydroelectric energy reached 2,832 megawatts.

The Minister of Electricity and Renewable Energy also reviewed the projects under construction that are scheduled to enter before the summer of 2025.

Additionally, he presented the position of projects under construction that are expected to be completed during the year 2026/2027, in addition to projects with large capacities of up to 28 gigawatts of wind energy.

Esmat reviewed the development of loads on the national electricity grid, it reached its peak point on July 22, when loads reached 38 gigabytes.

The Minister touched on the coordination taking place between the Ministry of Electricity and Renewable Energy, and the Ministry of Petroleum and Mineral Resources, to stop the electricity cutoff plan, which began on July 20, 2024, and continues until September 15, 2024.

Recently in July, Prime Minister, Mostafa Madbouly, said that Egypt’s daily energy consumption exceeded 37 gigawatts, an increase of 12% over last year, which means a deficit of 4 gigawatts.