Cairo –   The Egyptian electricity ministry's undersecretary announced the completion of the national plan for power efficiency during the period starting 2018 to 2022.

The five-year plan is currently being submitted to the Egyptian Energy Supreme Council for approval, state-run news agency MENA reported, citing Ahmed Mahina.

The plan aims to improve energy efficiency in several sectors and carry out the institutional construction in various economic sectors, Mahina added.

He remarked that Egypt has many renewable energy sources that mainly include wind and solar powers, with a production capacity of up to 90 gigawatts, in addition to 2,800 megawatts from hydroelectric resources.

Egypt's Sustainable Energy Strategy 2035 seeks to diversify energy sources, the optimum mix to generate electricity from traditional sources, securing generation sources, and maximising the role of renewable energy to over 42% by 2035, he stressed.

Mahina indicated that almost 32 companies have managed to complete the financial closure of 32 solar power projects under the feed-in tariffs scheme with a total capacity of 1,465 megawatts in Assiut’s Benben.

Source: Mubasher

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