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The Renewable Energy Authority: Increased investment attractiveness in clean energy, green hydrogen and water desalination projects

Within the framework of the electricity sector strategy, which aims to diversify energy sources, expand the use of renewable energy and rationalize the use of traditional energy sources, and within the framework of the national strategy for renewable energy, which aims to reach 42% of the total energy produced from renewable sources by 2035.

The Renewable Energy Authority issued its annual issue of “Energy Harvest 2022”, which includes monitoring indicators of investments in renewable energy activities during the year 2022 at the government and private levels.


The indicators show the continued growth of investments in the various fields of renewable energy, represented in the high attractiveness of investment, whether in renewable energy projects for the purpose of producing clean electric energy, or as an input for the production of green hydrogen and water desalination.

A solar cell station with a capacity of 50 MW has also been inaugurated. And. In Zaafarana, the sale of 528,000 carbon certificates, in addition to announcing the implementation of a photovoltaic cell project with a capacity of 20 M. And. In addition to a battery storage system in Hurghada.

The report showed that the productivity of hydroelectric energy during the year 2022 reached about 15,000 GWh, while wind energy projects recorded about 6,100 GWh, while the energy produced from grid-connected solar cells amounted to more than 4,400 GWh, in addition to about 90 GWh generated from fuel projects. bio.

Within the framework of the important role played by the private sector in achieving the goals of the National Renewable Energy Strategy, a number of projects that the private sector is working on alongside the government sector are currently being implemented in various stages of development with a total capacity of about 2,800 m. And. of wind power and about 700 m. And. of solar energy, leading to a reduction of carbon dioxide emissions by approximately 11.7 million tons of carbon dioxide and saving fuel of approximately 4.6 million tons of oil equivalent.

Small solar cell systems project

On the other hand, the United Nations Development Program provided a number of cash grants for small solar cell projects, amounting to about 3 million US dollars, out of a volume of investments exceeding 13 million dollars within the Egypt-PV small solar cell systems project of the Industry Modernization Center, which contributes to the installation of 18 megawatts and the production of Approximately 30 gigawatt-hours, reducing emissions by 16.7 thousand tons of carbon dioxide equivalent, in addition to training more than 400 trainees on solar cell systems.



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