CAIRO – 22 August 2024: The Egyptian Cabinet has greenlit a proposal from the Emirati company Masdar for commencing studies on a solar energy station project capable of generating up to 4 gigawatts.
In addition, they have approved advancing a project by the same company to harness solar energy potentials totaling 1,200 megawatts, along with the inclusion of storage batteries holding a combined capacity of 240 megawatt hours.
Furthermore, the Cabinet has authorized the progression of several protocols for implementing renewable energy initiatives proposed by Empower, a subsidiary of the Emirati Al Nowais Investment Group.
These initiatives involve integrating storage batteries, either as complements to solar energy systems or as independent projects.
These combined efforts are geared towards meeting the growing demand for electricity and facilitating the operation of additional capacities by the upcoming summer.
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