Mahmoud Esmat
The project includes the creation of the Arab-Swedish Energy Factory (ASEF), an automated solar panel production facility with a capacity of 1 GW annually
During his visit to the site, Prime Minister Madbouly reviewed various components of the project, including transformer rooms and high-voltage equipment areas.
Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with Peter Mollema, Ambassador of the Kingdom of the Netherlands in Cairo, to explore opportunities for deepening cooperation in various sectors, particularly green hydrogen and renewable energy projects.
The Executive Office members of the Arab Ministerial Council for Electricity elected Egypt, represented by the Ministry of Electricity and Renewable Energy via Minister Mahmoud Esmat, to chair the office for the current term
Minister of Electricity and Renewable Energy, Mahmoud Esmat, outlined key targets during the BRICS Energy Ministers Conference, including the goal for renewable energy to comprise over 42 percent of Egypt's energy mix by 2040
Moreover, the Minister disclosed the implementation of solar energy projects amounting to 3,700 megawatts, including Abydos 1 and 2, SCATEC, and Masdar ventures.
Esmat emphasized that the existing combined capacity from wind and solar energy stands at approximately 4.6 gigawatts, while hydroelectric energy capacity currently reaches 2,832 megawatts.
The primary objective of this project is to establish a collaborative energy exchange system that takes advantage of the differing peak times and increased loads in both countries.