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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Egypt Close to Deals on 1GW of Solar and Wind Projects

Egypt Cop27 IFC
Wind turbines, which generate renewable energy, are seen on the Zafarana Wind Farm at the desert road of Suez outside of Cairo, Egypt September 1, 2020. Picture taken September 1, 2020. (Reuters)

COP27 host Egypt is close to signing final agreements to build two wind and solar projects with combined capacity of a gigawatt (GW) to boost the country's lagging renewable power development. 

High levels of solar irradiation, strong winds and expanses of desert in which to construct plants mean Egypt has vast renewable potential, industry players say. 

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