Prior to the framework agreement, exhaustive technical and financial feasibility studies will be conducted to ensure the viability and success of the complex.
The electricity sector is paying a greater attention to power linkage projects, Shaker added during talks with Slovenian Ambassador to Egypt Mateja Prevolsek on Monday.
The spokesperson added that Egypt has all the facilities that enable it to receive Israeli gas and then liquefy it before exporting it to Europe, pointing out that the memorandum of understanding confirms that there is interest from the European Union to increase cooperation with Egypt in the field of energy.
The Russian-Ukrainian conflict has brought Egypt and the European Union even closer together, as its Commissioner Ursula Von Der Leyen described the North African country as a “trustworthy partner” in its Wednesday visit to Cairo and thus would be one of the EU’s energy suppliers.
Th campaign highlights the country’s international partnerships for sustainable development. It illustrates Egypt’s collaboration with bilateral and multilateral development partners and international financial institutions that fosters multilateralism to push an inclusive, digital and green economy.
Sharm El Sheikh International Airport is going green as it will be operated by solar energy within the framework of the State’s efforts to protect the environment and reduce carbon footprint, affirmed Civil Aviation Minister Mohamed Manar.
He said there is an international interest in investing in Egypt, especially in the energy domain.
During a meeting with Chairman of Australia's Fortescue Group Andrew Forrest in the presence of Electricity Minister Mohamed Shaker, Madbouli said Egypt launched a strategy to increase the generation, use and export of clean energy, especially green hydrogen.
Molla pointed out to the success of the investments of the US companies in the Egyptian market, adding that this market witnesses clear development and opens special investment opportunities.
The transportation system also contributes to improving life, economic and environmental conditions and also comes in line with the huge development process Egypt is currently witnessing, Presidential Spokesman Bassam Radi said in a statement.
President Abdel Fattah el-Sisi is “the most president who pays attention confronting climate change,” said Alaa al-Nahry, vice president of the Regional Center for Space Science and Technology Education, an affiliate of the United Nations Office for Outer Space Affairs (UNOOSA).
Egypt has embarked on mega solar energy production projects as part of its vision for 2030. We list some figures about the field in the past few years.
Sisi highlighted the need to raise industry localization to develop the industrial sector in Egypt, provide more job opportunities and increase the domestic product, the Presidency said in a statement.
National project manager of Egypt PV, the pioneer Small Scale Photovoltaic Systems project, speaks about how the project encourages investments in solar energy and works on raising public awareness, as well as the latest national developments.
Over the past few years, Egypt has made great strides in securing investments for its renewable energy sector. African Development Bank Country Manager Malinne Blomberg shares how Africa can take a page out of Egypt’s book to make its rich energy resource
As Egypt chairs the African Union in 2019, AU Commissioner Dr. Amani Abou Zeid shares her action plan for unlocking untapped potential in the Dark Continent.
Energy giant General Electric (GE) managed to find a safe way to generate power from coal in Malaysia's Manjung coal-fired power plant
Sen. Bernie Sanders of Vermont praised Egypt’s commitment to the environment by building the largest solar farm in the world
Minister of Electricity Mohamed Shaker announced on Tuesday that the ongoing Benban Solar Project will be the biggest in the world.