The Green Gold Rush: Egypt's Renewable Energy Opportunity

Egypt has embarked on a significant transformation in its energy landscape, aiming for 42% of electricity generation from renewables by 2030. The country plans to invest $40 billion in green hydrogen and intends to have renewable energy account for 60% of its total energy mix. Notably, the Egyptian government has initiated the Nexus of Water, Food, and Energy program, with an investment of $10 billion to boost renewable capacity by 10 GW by the end of the year.