Cairo: Prime Minister Mostafa Madbouly has emphasized the importance of the renewable energy sector in Egypt’s strategy to ensure electric power availability. He highlighted ongoing efforts to incentivize and facilitate developments in this sector during a meeting aimed at reviewing renewable energy projects. The meeting included the participation of Minister of Electricity and Renewable Energy Mahmoud Essmat and Minister of Petroleum and Mineral Resources Karim Badawi.

According to State Information Service Egypt, Essmat stated that Egypt plans to increase its renewable energy share to over 42% by 2030, with a further goal of reaching 60% by 2040. This target is in line with the latest updates to the national energy strategy. Essmat presented a report on the expected capacities from solar, wind, and battery storage projects that will be integrated into the national grid between 2026 and 2030, along with anticipated fuel savings.

Essmat also discussed the allocation of lands to the New and Renewable Energy Authority (NREA) for solar and wind power plant development and ongoing studies to bolster the national grid to meet future renewable energy levels by 2040. Between July 2024 and July 2025, the ministry worked on enhancing the electricity transmission network by establishing 11 ultra-high voltage substations with a total capacity of 4,570 MVA and increasing capacity at different voltage levels.

Moreover, the construction of new high-voltage substations and the addition of various capacities were highlighted. The development of new overhead and underground transmission lines, along with the conversion of existing lines, was also noted as part of efforts to support the transmission network and accommodate the growing renewable energy input.