Egypt Targets 42% Renewable Energy Share With Major Investments
Egypt is expanding solar, wind and hydrogen projects to maximise energy resources and strengthen its role in the global market.
Egypt has finalised its strategy to increase the share of renewable energy to 42% by 2030, as announced by Minister of Petroleum and Mineral Wealth, Engineer Karim Badawy, during the Berlin Energy Transition Dialogue 2025.
The strategy focuses on developing solar and wind energy projects in the Gulf of Suez, including a 500 MW wind power plant built in partnership between the Egyptian Electricity Transmission Company (EETC) and Siemens Gamesa.
In addition to expanding wind and solar power, Egypt is aiming to position itself as a key player in the global hydrogen market, with plans to attract investments and launch hydrogen generation and production projects. The Egyptian government, in collaboration with the Ministry of Electricity and Renewable Energy, is developing a strategy to optimise energy resources and reinforce the country’s transition to clean energy.
