CAIRO – 25 November 2019: Egypt's Head of the New and Renewable Energy Authority Mohammad al-Khayyat stated on Tuesday that "The establishment of the Kom Ombo solar power plant, with a capacity of 26 MW, is being finalized."
He explained that a 200 MW solar plant will also be installed in the same area.
Khayyat added that several projects to establish solar and wind power plants with a total capacity of 2000 megawatts are still under study and that the financial closure of these projects will be finalized next June.
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.