CAIRO - 24 June 2026: Egypt has taken a new step in its renewable energy expansion after Prime Minister Mostafa Madbouly witnessed the signing of an agreement to establish the country’s first wind turbine manufacturing plant and develop a 2 GW wind power project in the North Gulf of Suez.
The agreement brings together China’s SANY Renewable Energy, the Egyptian Electricity Transmission Company and the New and Renewable Energy Authority. It aims to build local manufacturing capacity for wind energy equipment, reducing reliance on imports while creating opportunities to export surplus production to markets across Africa and the Middle East.
The planned manufacturing facility will produce wind turbines with an annual capacity of 2 GW and is expected to be completed within two years. The project will be developed in line with international standards and is intended to support Egypt’s growing pipeline of renewable energy projects.
Alongside the factory, the agreement includes a 2,000 MW wind power project that will be financed and implemented in Egyptian pounds. The project is scheduled to connect to the national electricity grid within 23 months of signing the agreements.
The initiative supports Egypt’s wider strategy to localise renewable energy technology, expand domestic electrical equipment production and increase the use of local components in solar and wind projects.
Egypt is targeting a 45% share of renewable energy in its power mix within the next two years, with wind, solar and energy storage projects expected to play a central role in achieving this goal.
During the signing ceremony, Madbouly said renewable energy remains a key part of Egypt’s efforts to diversify electricity sources, strengthen energy security and advance its green transition. He also highlighted the government’s focus on expanding energy storage systems to improve grid stability and maximise the value generated from renewable power.
Minister of Electricity and Renewable Energy Mahmoud Esmat said the project will support Egypt’s plan to implement major solar and wind developments in Egyptian pounds, while building a stronger local industrial base for renewable energy equipment.
He added that Egypt’s large renewable energy market and trade links with African and Middle Eastern countries provide strong opportunities for the new factory to serve both domestic demand and regional export markets.
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