RIYADH: Egypt’s New and Renewable Energy Authority signed an agreement with Japan’s Yurtec Co. and local partners to build a 20-megawatt solar plant and battery facility in Hurghada.
The consortium, which also includes Egypt’s Solar Installer and REDCON Construction, will develop a 30-MWh battery energy storage system alongside the solar farm, the authority said in a statement.
The project is part of cooperation with the Japan International Cooperation Agency and aligns with Egypt’s plan to raise renewable energy’s share of total power generation to over 42 percent by 2030 and 60 percent by 2040.
It is also aligned with the North African country’s National Energy Strategy, which aims to reduce reliance on fossil fuels, protect the environment, and boost economic returns.
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, said: “We are working with international partners to promote the use of renewable energy, reduce carbon emissions, and diversify energy sources.”
