The Egyptian Electricity Transmission Company (EETC) has signed an agreement with the International Finance Corporation (IFC) to develop a 600 MW solar power complex in Egypt’s West Nile province.
Muneer Ferozie, IFC’s Regional Manager revealed the reports and said that the project will go in a long way to realizing the government’s renewable energy plan for 2035 to supply 20% of the generated electricity for renewable source by 2022, solar power accounting for almost 3% of this. By 2027, the plan aims to have installed 3.5 GW; which includes 2.8 GW of PV and 700 MW of concentrated solar power. An Additional 28.2 GW of PV will be expected by 2035.