El-Sisi directs well-planned renewable energy expansion as Egypt eyes green hub status

Ahram Online , Wednesday 8 Apr 2026

President Abdel-Fattah El-Sisi has called for a "well-planned" expansion of renewable energy projects and a reduced reliance on conventional fuels, as Egypt seeks to position itself as a leading regional hub for green energy.

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He directed continued coordination between the ministries of electricity, petroleum and finance to accelerate the addition of clean energy capacity and secure the necessary financing.

The aim, he said, was to ensure grid stability and optimise resource utilisation in support of development goals.

The president made his remarks during a meeting on Wednesday with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy.

During the meeting, El-Sisi reviewed progress on new and renewable energy projects, including planned additions to the national grid from wind, solar and battery storage set out in the country’s 2030 Energy Strategy.

The meeting also examined contracted and pipeline capacity expansion projects, with particular attention to ensuring grid stability and meeting rising electricity demand, according to a statement by the presidency.

The electricity minister said that 2,500 megawatts of renewable energy capacity are slated for addition to the unified grid in 2026, bolstering the sustainability and reliability of the national electricity system.

He also outlined ongoing efforts to improve the efficiency of generation units, reduce dependence on fossil fuels, and achieve a diversified energy mix.

He stressed that the revised energy strategy targets renewable sources to meet at least 42 per cent of Egypt's energy needs by 2030.

Additionally, the petroleum minister reviewed progress on settling outstanding payments to companies operating in Egypt, in line with the president's directive to clear all arrears by the end of June 2026.

The government has a plan to settle all remaining payments owed to oil and gas production partners by the end of June 2026, clearing a $1.3 billion debt.

Minister Badawy also presented an overview of discovered oil and gas reserves, newly identified reserves, the 2026 exploratory and development drilling plan, and measures underway to rationalize consumption of petroleum products and natural gas.

In recent years, Egypt has significantly ramped up spending on solar, wind and other clean energy projects, alongside reinforcing grid infrastructure.

Key projects include the Benban Solar Park, large-scale wind farms in the Gulf of Suez, and a planned 10 GW onshore wind farm led by the Masdar consortium.

The latter is expected to cut carbon emissions by 23.8 million tons annually.

To cement its role as a regional energy hub, Egypt is also expanding cross-border electricity interconnection capacity to 3,900 MW, with links to Jordan, Libya, Sudan, Saudi Arabia, Greece and Cyprus.

On green hydrogen, the National Low-Carbon Hydrogen Strategy – established in 2024 – aims to capture a 5–8 percent share of the global hydrogen trade by 2040, with the potential to attract up to $60 billion in investment.

Today’s meeting also reviewed measures to address the impact of regional developments on energy security, the statement added.

It added that particular attention was given to ensuring the continuity and availability of electricity supply across all sectors, improving energy efficiency in industry, implementing the summer action plan, and preparing for seasonal increases in demand.

 

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