Egypt has signed an MoU with a Belgium company aimed at exporting renewable energy from the North African country to Europe. The project includes extending a subsea cable to transmit energy to Europe with at least 2GW capacity, state media reported. Tackling obstacles to renewable energy rollout on Egypt gridThe company had previously installed two umbilicals in Egypt for the new West Nile Delta gas fields and had also worked on the expansion of the Suez Canal. It will carry electricity from Egypt’s renewable energy sources and will supply residential consumers and businesses in Greece and neighbouring European countries. Egypt, EU agreement on renewable energyLast year, the EU and Egypt announced that they would step up cooperation on renewable energy sources, hydrogen and energy efficiency.
Source: The North Africa Journal November 17, 2023 11:19 UTC