Egypt to add 2,500 MW of renewable power capacity to grid before summer

Egypt plans to add about 2,500 megawatts (MW) of renewable energy capacity to its national electricity grid before next summer as the government accelerates efforts to strengthen power supply and diversify the country’s energy mix, the presidency said.

The announcement followed a high-level meeting chaired by President Abdel Fattah el-Sisi to review developments in the energy sector and measures aimed at ensuring stable electricity generation amid rising regional and global energy uncertainties.

The meeting was attended by Prime Minister Mostafa Madbouly, Electricity Minister Mahmoud Esmat and Petroleum and Mineral Resources Minister Karim Badawi.

According to presidential spokesperson Mohamed El‑Shennawy, discussions focused on securing adequate fuel supplies for power plants and maintaining uninterrupted electricity production through closer coordination among relevant state institutions.

Authorities also reviewed preparations to guarantee sufficient natural gas supplies for electricity generation as geopolitical tensions in the Middle East continue to influence global energy markets.

Egypt’s government has prioritised maintaining strategic reserves of petroleum products to safeguard fuel supplies for power generation and key industrial sectors.

Sisi stressed that energy security remains a pillar of national security and called for measures to ensure reliable electricity supply while supporting economic activity.

Officials also examined trends in domestic production of natural gas, crude oil and condensates, alongside progress in settling outstanding payments owed to foreign energy companies operating in the country.

Cairo has been working to clear arrears to international partners in an effort to restore investor confidence and stimulate exploration activity in its oil and gas sector.

Badawi said the government is moving ahead with plans to modernise and upgrade existing oil refineries to increase production capacity, improve efficiency and reduce the country’s dependence on imported fuel products.

The meeting also reviewed exploration activities and potential investment opportunities in Egypt’s upstream energy sector as authorities seek to attract additional foreign capital.

Beyond fossil fuels, the planned addition of 2,500 MW of renewable power capacity forms part of Egypt’s broader strategy to expand solar and wind energy generation.

The government has set ambitious targets to increase the share of renewable energy in its electricity mix over the coming years as it seeks to meet rising demand while lowering carbon emissions.

Officials did not provide details of the specific projects that will contribute to the additional capacity but said the new installations are expected to come online before the peak summer demand period.

Egypt has experienced rising electricity consumption in recent years, driven by population growth, expanding industrial activity and higher air-conditioning use during the hot summer months.

Authorities say expanding renewable energy capacity will help ease pressure on gas-fired power plants and improve energy security.

During the meeting, officials also discussed preparations for the upcoming Egypt Energy Show (EGYPS) 2026, which will take place in Cairo from March 30 to April 1 and is expected to attract global energy companies and investors.

The event is seen as a key platform for promoting investment opportunities in Egypt’s oil, gas and renewable energy sectors.

In addition, the government reviewed a recently signed memorandum of understanding between Egypt and Libya aimed at expanding cooperation in oil, natural gas and mining.

The agreement covers areas such as exploration, refinery modernisation, energy transportation infrastructure and petrochemical development.

Sisi instructed authorities to accelerate the settlement of outstanding payments to foreign partners, intensify efforts to attract new investments in the energy sector and continue expanding infrastructure needed to receive liquefied natural gas imports.

This includes plans to deploy floating regasification units to handle LNG shipments while boosting domestic production capacity.

Egypt hopes these measures will help secure reliable energy supplies, support economic growth and strengthen the resilience of its power system in the face of global energy market volatility.

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