The project includes a solar photovoltaic unit with a capacity of 100 kilowatts, which is sufficient to cover the entire market’s energy needs and is linked to the unified grid, to sell the surplus generated energy.
In a statement released following the launch ceremony, Egypt’s Minister of International Cooperation Rania Al-Mashat hailed close cooperation between Egypt and the development partners of the European Union to support the country’s efforts to shift towards a green economy.
The step comes as the country is intensifying joint work with partners in light of the preparations to host the 27th edition of the UN Climate Change Conference (COP27) by the end of 2022, the minister added.
Since 2014, the Egyptian government has been working to expand renewable energy sources to ensure energy security. It also partnered with development banks to attract private investments in…
Egypt launches 1st-ever solar energy-powered wholesale market – Society – Egypt
