Egypt has signed multiple power purchase agreements (PPAs) covering a total of 5,620 megawatts (MW) of renewable energy and battery storage capacity, according to a report by Electricity Hub.
The agreements mark a major step in the country’s efforts to expand clean energy generation and diversify its energy mix.
The deals were signed by the Ministry of Electricity and Renewable Energy with several private sector companies and were witnessed by Minister of Electricity Mahmoud Esmat.
One of the key agreements covers the development of the 900MW Ras Shukeir wind project. The project will be executed by a consortium comprising Orascom Construction, Engie, and a unit of Toyota Tsusho.
In addition to the PPA, the parties also signed a land-use agreement to facilitate project development and implementation.
The government also entered into agreements with United Egypt Group for National Industries, commonly known as Kemet, for a series of solar and energy storage projects.
These include the development of a 2GW solar park in Naga Hammadi, which will feature a standalone battery storage facility with a capacity of 2,000 megawatt-hours (MWh).
In addition, Kemet will construct two more solar plants in El-Oweinat, with capacities of 320MW and 400MW, respectively. The government had approved these projects in February, paving the way for the signing of the power offtake agreements.
The agreements represent a significant milestone in Egypt’s renewable energy expansion strategy and reinforce its commitment to building a more sustainable and diversified energy sector.
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