The Solar Energy Sector in Egypt 2016
The transition towards renewable energy is making a shift in Egypt’s economy, especially with the country’s 2030 vision. In the next few years, Egypt will install over 6.5GW of solar power capacity with investments totalling more than US $30 billion. Additionally, US$13 billion worth of potential investment has been planned in the renewable energy sector with 2.3GW of solar capacity being targeted by 2017, 2GW of which will be centralized PV power plants and 300MW distributed PV installations under 500KW.
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