Egypt is advancing plans for one of its largest clean-energy developments, with an international consortium outlining a $15-billion renewable energy complex in the South Sinai region. The proposed 10-GW hybrid solar-wind project is designed to accelerate the country’s transition toward large-scale green power production and strengthen its position in the emerging green hydrogen market.
The project is being developed in cooperation with Egypt’s Ministry of Military Production. According to a senior government official, the consortium includes Renergy Group Partners as the lead developer, Green Tech Egypt as the technical partner, and OAK Holding as the financial and investment partner.
Development will occur in multiple phases. The first phase, estimated at $6.7 billion, aims to deliver approximately 1.25 GW of clean electricity by 2030. Beyond power generation, the complex will integrate a seawater desalination facility to supply water for green hydrogen production—an essential component of Egypt’s strategy to become an energy-export hub.
Once fully built, the complex is expected to operate for about 50 years, providing long-term renewable capacity to Egypt’s grid and hosting the country’s first large-scale green hydrogen facility. Spanning 100 square kilometres, the project will run fully off-grid and may integrate up to 15 GW of solar capacity to ensure stable, low-cost hydrogen output.
Egypt’s ambitions also extend to developing a local solar manufacturing ecosystem. While this would require substantial investment and technical expertise, such an industry could create jobs, lower import dependence, stabilize long-term costs, and enhance export potential. Realizing these opportunities will depend on supportive policy frameworks, market certainty, and strong investor confidence.
