Publication date: 2015, November
Author: RES4MED
Description: Over the last year (2014), Egypt has emerged as one of the hotspots for renewable energy developments. From the shadow of the vast power shortages of 2012/13, emerged a strong political commitment to reform the country’s energy policy and accelerate the expansion of its power generation capacity, to meet a power demand growing at 5-6% p.a. With 90 million inhabitants, Egypt is the most populous country in the MENA region and is the second largest economy in Africa and so by opening the power market for competition, a huge market was unlocked for private and foreign investors.
