Egypt aims to source 20 percent of its electricity from renewable sources by 2022, rising to 42 percent by 2035 as it works to meet rising demand for power. Total installed capacity currently stands at around 3.9 GW, mostly from hydropower.
The conference will bring together investors and national policy makers from Egypt and across the Middle East and North Africa region to advance energy transformation across Egypt as it pursues short and medium-term targets. IRENA Director-General Adnan Z. Amin will present the report’s key findings in the presence of ministers and high-level guests.
“Egypt has established its renewable energy ambition and this commitment is evidenced by progress made on world class projects such as the Benban Solar Park in Aswan, which will be one of the world’s largest solar parks once complete,” said Amin. “In a country such as Egypt, which possesses tremendous resource potential, sustainable energy can be the backbone of its long-term energy planning.”
Following a presentation of the report and its recommendations the conference will focus on a number of important topics relevant to renewable energy development in Egypt. The sessions will be followed by a training workshop conducted by IRENA on renewable energy project development, which supports the Pan-Arab Clean Energy (PACE) initiative – a regional initiative aiming to promote the integration of greater shares of renewables into power systems in the Arab region. The workshop will inform project developers on the tools available to them that can assist in the development of successful renewable energy projects in the region.
Key topics to be discussed at the event include: