Egypt is completing a solar power plant in Kom Ombo, Aswan governorate with a capacity of 26 MW, a senior official told Egypt Today on Monday.
A 200 MW solar plant will be also installed in the same areain Kom Ombo city, Head of the New and Renewable Energy Authority Mohammad al-Khayyat added.
“Several projects to establish solar and wind power plants with a total capacity of 2000 MW are still under study and that the financial closure of these projects will be finalised next June,” al-Khayyat said.
The renewable energy is expected to contribute 42 percent of the energy mix by the year 2035, said Khayyat, stressing that by the year 2022, the share of renewable energy in Egypt will reach 20 percent.
In August, a total of €19 million have been invested by the Renewable Energy Authority in the field of solar energy, and €150 million have been allocated to future projects.