Egypt has signed renewable energy agreements worth a combined $1.8 billion with Norway’s Scatec and China’s Sungrow, as the country steps up its energy transition efforts. The first deal involves a 25-year power purchase agreement between the Egyptian Electricity Transmission Company and Scatec, aimed at expanding renewable power generation.

The second agreement, signed with Sungrow, a leading global provider of battery storage technology, provides for the construction of a battery manufacturing plant in the Suez Canal Economic Zone. The deals support Egypt’s target of increasing the share of renewables in its electricity generation mix to 42% by 2030. Thami Ngubeni spoke to energy analyst Adil Nchabeleng and Professor Sampson Mamphweli, Head of the Energy Secretariat at the South African National Energy Development Institute (SANEDI).

Egypt has signed renewable energy agreements worth a combined $1.8 billion with Norway&rsquo;s Scatec and China&rsquo;s Sungrow, as the country steps up its energy transition efforts. The first deal involves a 25-year power purchase agreement between the Egyptian Electricity Transmission Company and Scatec, aimed at expanding renewable power generation.
The second agreement, signed with Sungrow, a leading global provider of battery storage technology, provides for the construction of a battery manufacturing plant in the Suez Canal Economic Zone. The deals support Egypt&rsquo;s target of increasing the share of renewables in its electricity generation mix to 42% by 2030. Thami Ngubeni spoke to energy analyst Adil Nchabeleng and Professor Sampson Mamphweli, Head of the Energy Secretariat at the South African National Energy Development Institute (SANEDI).

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