International

North Africa Solar Power Conference To Be Held in Cairo Next Week

North Africa Solar Power Conference To Be Held in Cairo Next Week

solarr

The Solar Power North Africa Conference is scheduled to take place in Cairo between 9 and 10 February, aiming to forge renewable energy-based solutions to the region’s energy challenges.

According to the conference website, the event “will explore the policy frameworks and formulate the next steps for scaling up the region’s solar power market, with a focus on Egypt, Morocco, Algeria, Libya and Tunisia. It will highlight the wealth of opportunities that present themselves to solar energy developers and investors in Egypt.”

People expected to speak at the conference include Dr. Salah El Subky, Executive Chairman of New & Renewable Energy Authority (NREA), Lamya Hady, Director of Egypt’s Solar FiT Program of the Egyptian Electricity Transmission Company (EETC) and Jeremy Crane, CEO and COO of Yellow Door and Adenium Energy Capital, respectively.

In the face of chronic shortages in electricity supply, Egypt has recently taken steps to improve its renewable energy sector by mobilizing private regional and foreign capital to invest in renewable energy sources in Egypt, among other measures.

Wind and solar power are expected to be the primary sources of this renewable energy boost and are expected to help relieve the pressures on Egypt’s energy demand. Due to the feed-in tariff (FiT) – a policy mechanism designed to stimulate investment in renewable energy technologies, which was announced in September 2014 – Egypt is anticipated to procure 4,3 gigawatts (GW) of solar and wind power production by 2017.

The country is furthermore projected by the year 2020 to generate 20 percent of its total power from renewables, according to Egypt’s New and Renewable Energy Authority. In fact, Egypt’s solar and wind markets are expected to expand to between 2 and 3 GW each by 2020.

Apricum, a consulting firm “dedicated to cleantech industry,” describes Egypt as having “exceptional availability” of solar and wind resources, earning “a spot on the global renewable power development hot list.”

Being the most populous country in the Arab world and the second largest economy in Africa, Egypt has great potential to diversify its energy sources.

Egyptian Citizen Accused of Terror Attack on Saudi Arabian Mosque
Egyptian Cartoonist Islam Gawish Released

Subscribe to our newsletter


International

More in International

Messi and the Bisht: a Double Standard Reserved Uniquely for the Arab World?

Amina Zaineldine22 December 2022

UK Prime Minister Rishi Sunak Skips COP27 in Egypt

Shereif Barakat29 October 2022

90 World Leaders to Attend COP27 in Egypt

Shereif Barakat10 October 2022

How Powerful is the Egyptian Passport?

Shereif Barakat2 October 2022

Egypt Sets Sights on Hosting 2036 Olympics

Shereif Barakat25 September 2022

USA Returns 16 “Priceless” Stolen Ancient Artifacts To Egypt

Shereif Barakat10 September 2022

Queen Elizabeth II Dies Aged 96

Egyptian Streets8 September 2022

Ancient Egyptian Collections in Australia: a Curator’s Perspective

Melanie Pitkin2 September 2022