Egypt is preparing to grow its renewable power capacity. By 2035, the installed renewable capacity is projected to reach 31.6 gigawatts (GW). This is based on a new market outlook report published by GlobalData.
The report says that “from 2024 to 2035, Egypt’s renewable capacity is expected to increase at a compound annual growth rate (CAGR) of 20.4%.” During the same period, renewable electricity generation is expected to grow at a CAGR of 19.4%, reaching 88.9 terawatt-hours (TWh) per year by 2035.
The government of Egypt has set a target to generate 42% of its electricity from renewable sources by 2035. Several renewable projects are underway or in development. These include wind, solar, and hydroelectric power.
In Aswan, AMEA Power’s 500 megawatt (MW) solar PV plant has been completed. It feeds into Egypt’s grid and supports power demand in Upper Egypt.
In the Red Sea Governorate, a 500 MW wind power plant is also now operational. It is expected to supply energy to around 500,000 homes. Both the solar and wind projects were commissioned within six months.
Egypt is also working on battery energy storage systems. In Zarfana and Benban, separate storage projects of 500 megawatt-hours (MWh) and 1,000 MWh are being planned.
Additional wind energy developments are under discussion in the Gulf of Suez area. One upcoming site in Ras Ghareb could add another 500 MW of capacity. Studies for these projects have been submitted to the New and Renewable Energy Authority.
Smaller initiatives include a pilot solar-plus-storage system in Marsa Matrouh. It is designed to power remote communities and small water desalination plants. The capacity is under 5 MW, but the project could be scaled. Egypt is also exploring pumped hydro storage. A proposed project in Ataqa is in the pre-construction phase. It would use 2,400 MW of power to store energy using water pumped between reservoirs.