Egypt Boasts North Africa's Most Ambitious Energy Transition Plans

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Researched by Industrial Info Resources (Sugar Land, Texas)--Egypt has positioned itself as a leader in North Africa's renewable-energy development, while increasing its offshore natural gas production. Following a few years of growth in its renewables sector, Egypt now has a power surplus from a well-balanced combination of gas and renewables.

Egypt's Ministry of Electricity and Renewable Energy aims to generate 42% of the nation's total energy from renewables by 2035. Among the largest projects under construction is the Ras Ghareb Windfarm on the western coast of the Gulf of Suez, which is developed, in part, by Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan). Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more in a detailed project report.

Industrial Info is tracking more than US$13 billion worth of renewable-energy projects in Egypt. Subscribers can click here for a detailed list of related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).