Egypt

Egypt Seeks to Operate Two Renewable Energy Projects

Egypt Seeks to Operate Two Renewable Energy Projects

The Egyptian Ministry of Electricity and Renewable Energy aims to add 750 megawatts of electrical capacity generated from two wind and solar energy projects by next October, with total investments reaching 700 million dollars, according to a government official. The official stated that the first project will be opened in August and consists of the first phase of a 250-megawatt wind energy project, executed by a consortium of "Orascom Construction," "Toyota," and "Engie," in the Gulf of Suez area near Ras Gharib.

**Electric Load Shedding in Egypt**

Since the end of the Eid al-Fitr holiday, Egypt has implemented an electrical load shedding system, cutting electricity for two to three hours daily, alternating between different regions. This procedure has met with significant public discontent, especially as the government faces a gas production shortage, declining imports, and rising consumption. However, Egypt suspended load shedding on Sunday, June 21, until the end of summer. Electricity consumption has seen unprecedented growth, exceeding 37.5 gigawatts daily, marking over a 12% increase from last year.

**Egypt Postpones Electricity Bill Increase**

The Egyptian government intends to postpone the implementation of the new electricity price increase originally scheduled for the beginning of July for two months, to begin on November 1. The official mentioned that work is underway to connect the wind energy project to be added to the network in August with the national electricity grid. The second project involves a solar power station, which is being developed by the Emirati company "Al Nowais" with a capacity of 500 megawatts in the Kom Ombo area in Aswan Governorate, southern Egypt, set to be operational by next October. The official noted that the implementation rate for the solar power station in Kom Ombo has currently surpassed 75%, and the Egyptian government plans to purchase the energy produced from both projects.

Our readers are reading too