At a meeting held in the New Administrative Capital, the Cabinet decided to allocate 141,075 feddans of state-owned land located in the Matrouh Governorate for renewable energy projects.
As further mentioned in the report, under the usufruct program, the New and Renewable Energy Authority (NREA) is authorised to offer the land to potential investors.
For the wind project, a number of land parcels in the southern Egyptian governorates of Aswan and Sohag were made available.
According to the report, "the Cabinet also approved the allocation of another 303.3 hectares in Matrouh to establish production capacity for green hydrogen as well as green ammonia." This decision supports Egypt’s ambitions to be a regional hub of green energy exports.
This year’s COP 27 climate summit in Sharm El Sheikh, in November, gave a boost to the North African country’s renewable energy sector. During that month, Egypt completed 55 GW of green energy projects, according to the report.
By Sumita Pawar