SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt considers implementing 6.3GW renewable energy projects
Private sector companies apply for launching 2.75GW power plants, says Khayat
Published in Daily News Egypt on 11 - 04 - 2020

The New and Renewable Energy Authority (NREA) is studying requests to build power plants at a total capacity of 6.34GW, of which 2.75GW projects are by the private sector.
NREA Head Mohamed Al-Khayat told Daily News Egypt that the potential projects include photovoltaic power plants with a capacity of 170MW and wind farms of 250MW by the public sector on one hand, and other 1,950MW wind farms and 800MW photovoltaic power plants by the private sector.
Al-Khayyat said Egypt's total electricity production capacity amounted to 20.782bn KWh in 2019, including 14.597bn KWh from hydroelectricity plants, 3.270bn KWh from wind farms, and roughly 2.403bn KWh from solar parks. In addition, traditional thermal power plants produced 4.7m KWh. The country's total fuel savings reached about 4.3m tonnes of oil equivalent.
He added that the state aims to up the contributions of renewable energy to the electricity generation mix to about 20% by 2022, with the possibility of doubling it by 2035. This would be undertaken by adopting a package of flexible policies and models to encourage private investments, such as build–own–operate (BOO).
Al-Khayat said that the feed-in tariff strategy resulted in the implementation of the solar energy complex in Benban, Aswan, at a capacity of 1,465MW.
Aside from the NREA's government wind farms in Zafarana and Gabal El Zeit that produce over 1,100MW, private sector projects come with almost double the annual growth rates. Future projections expect a faster implementation of renewable energy projects depending on their competitiveness.
Al-Khayat noted that using solar energy to operate irrigation wells in the 1.5m feddan project is a must, not a luxury. The use of solar energy for these wells reduces the pressure on the electricity grid, whilst exploiting renewable energy available.
It also ensures that no wells operate except during periods of sunshine, allowing maximum utilisation of the underground reservoir and its preservation for a long period.
He stressed that Egypt is ready for continued cooperation and to exchange experience and knowledge in the electricity and renewable energy fields in Africa. This comes especially as NREA is currently implementing renewable energy projects in about 15 countries across the continent, through Egyptian grants and joint cooperation agreements.


Clic here to read the story from its source.