This was in the presence of Egypt’s Prime Minister, Mostafa Madbouly, and Bavarian State Prime Minister, Markus Soder.
Esmat noted that Egypt's strategy focuses on effectively managing and maximizing the benefits of its natural resources while aiming to reduce carbon emissions and promote green energy.
The offer includes establishing stations with a total production capacity of about 1,000 megawatts, and these projects will be established in Upper Egypt, including the Aswan Governorate.
These projects are the Red Sea project of the (Orascom - Engie - Toyota) alliance, the Amont Al Nowais project, the ACWA Power project, and the Masdar project.
The rise in prices stemmed from multiple factors, including a surge in electricity segment prices exceeding 30%.
