Egypt Among Top 20 Markets for Investment in Renewable Energy

Egypt was included in the list of top 20 attractive markets for investment in renewable energy over the world, according to Ernst & Young (EY).

The Renewable Energy Country Attractiveness Index (RECAI) ranks the world’s top 40 markets on the attractiveness of their renewable energy investment and deployment opportunities.

RECAL stated that these rankings reflect their assessments of market attractiveness and global market trends.

Egypt ranked came second among the Arab countries and 19 globally, with the country scoring 57.8 points, while Jordan came in third place among the Arab countries and 38th in the world rankings, scoring 51.5 points.

Moreover, the United States ranked first in the index, recording 72.8 points, while in the Arab world, Morocco topped the three Arab countries mentioned in the index, and the Kingdom scored 58.1 points and ranked 16th globally, according to the company’s latest update.