According to MENAFN news on October 17th: Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker announced that it plans to increase the proportion of roof solar panels renewable energy power generation to 60% by 2035.
This increase is part of the amendment to the National Energy Strategy proposed by the Ministry. In the coming period, this number will rise sharply from the previously expected 42%.
Shaker added that the new proposal will be submitted to Egypt's Supreme Energy Council for approval.
Shaker pointed out that Siemens power plants in Egypt have now reached an efficiency of 60.5%. This allows the country to save 1.3 billion US dollars in fuel consumption each year, making it possible to recover the cost of the project within six years.
Egypt is currently cooperating with Siemens to build a 500 MW wind power plant, and is expected to start developing the power plant before the end of this year.
Shaker revealed that the government is currently negotiating with foreign investors to establish renewable energy projects with a capacity of 2,000 megawatts that will use wind and solar power along the coast of the Red Sea. The negotiations will be completed before the end of this year.
The expected power generation of the new project under negotiation will increase the total power generation of renewable energy projects to 6000 MW, which accounts for about 20% of Egypt’s demand.
Joe Kessel, President and CEO of Siemens, said that Egypt and Siemens have a good cooperative relationship. We are eager to continue to establish cooperative partnerships with Egypt and other countries in the world in terms of economic development.
-
10kw Home Solar System-Trinidad and TobagoAre you tired of constantly worrying about rising electricity bills ? Look no further! Our solar power systems are the perfect solution for you. Just ask our satisfied customer from Trinidad and Tobago, who recently purc
Do you like ?0
Read more -
Village in the mountains with solar system“We have to go back and forth several hundred meters to fetch water from the mountain every day,” a villager told us. "Our village has been living in the mountains for generations. Travel is not that convenient, and water and electricity
Do you like ?0
Read more -
100KW Commercial Solar Power Will Be Soon In Nigeria HotelDavid, a Nigerian resident living in Guangzhou, China, has become a true "China expert" after spending 20 years in the country. His family in Nigeria operates 15 hotels, and David is responsible for procu
Do you like ?0
Read more -
Let factories use electricity for freeThe Philippines has abundant sunshine, and the solar system can start generating electricity at 6.30 in the morning and stop generating electricity at around 17.30 in the afternoon. The peak power generation is between 10.00 and 15.00. A cus
Do you like ?0
Read more -
5KW Off-grid Solar Setup In Congo HospitalWith Mars solar off-grid solar setup, a hospital from democratic republic of the Congo now harnessing the power of the sun to run medical appliances. Here are some highlights of Mars off-grid solar system's fun
Do you like ?0
Read more -
Mars Half-Cell Solar Panel Vs Another Half-Cell Solar PanelTOPCon half-cell solar panels have the following features: 1. High efficiency: TOPCon’s silicon wafer efficiency can reach up to 25.2%, which is 2% higher than other solar panels. It is expected that by the second half of 2023, TOPCon can reach 26
Do you like ?0
Read more