[에너지신문] 13 January 2016 - According to investment bank EFG Hermes, Egypt could attract at least US$6bn of investments in its renewable energy sector (wind and solar PV projects under the feed-in-tariff scheme) by 2018.
The New and Renewable Energy Authority of Egypt aims to cover 20% of its power generation mix with renewable energies by 2020, in an attempt to diversify its gas-dominated power mix. Egypt would need to add around 8 GW of new capacity, including 5.5 GW of wind power and 2.5 GW of solar power. This would represent a total investment opportunity of US$6-7bn for Egypt’s feed-in-tariff renewable energy program by 2018.
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