Egypt’s Cabinet approved several proposals that support the deployment of renewable energy and green hydrogen in various regions of the country.
The New and Renewable Energy Authority (NREA) is authorized to offer the land to investors under the usufruct scheme.
A number of land plots in Sohag and Aswan Governorates in southern Egypt were made available for new wind projects.
The Cabinet also approved 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.