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Egypt’s solar energy programme is an important
milestone for the nation, the region, for us and our partners.
This is Egypt’s major step into a renewable energy future and the authorities
showed determination to overcome many hurdles along the way.
Launching a new programme is not an event, but a process; and all processes
take time. It is important to get it right for the nation as well as for the
Independent Power Producers. For a stable, endurable programme, it has to be
win-win for both. Egypt’s solar energy program brings a bouquet of advantages
to the country.
The first and most obvious is the generation of large-scale clean energy that
address the triple challenges of electricity deficits, pollution and climate
change. It symbolizes Egypt’s ongoing economic reforms and will also
attract foreign investment, not only in the renewable energy sector, but in
other sectors as well.
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