Egypt allocates more land for renewables, green hydrogen
Egypt's Primer Minister Mostafa Madbouly (center) chairs a cabinet meeting. Photo by the Egyptian Cabinet on Facebook
Egypt's Cabinet on Thursday approved several proposals that support the deployment of renewable energy and green hydrogen in various regions of the country.
At a meeting in the New Administrative Capital chaired by prime minister Mostafa Madbouly, the Cabinet decided to allocate 141,075 feddans (228.8 sq mi/592.5 sq km) of state-owned land in the Matrouh Governorate in the northwest of the country for renewable energy projects. The New and Renewable Energy Authority (NREA) is authorised to offer the land to investors under the usufruct scheme.
In addition, a number of land plots in Sohag and Aswan Governorates in southern Egypt were made available for new wind projects.
The Cabinet approved also the allocation of a further 303.3 hectares (749.4 acres) in Matrouh for establishing production capacities for green hydrogen and green ammonia. The decision supports Egypt's ambition to become a regional hub for green energy exports.
The renewable energy sector in the North African country was given a solid boost this year, especially during the COP 27 climate summit that took place in Sharm El-Sheikh in November. During that month, Egypt agreed projects that will increase its green energy capacity by 55 GW.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.