Egypt Explores Comprehensive Renewable Energy Project in Sinai

Egypt is taking bold steps to enhance its renewable energy capabilities with a comprehensive project in the Sinai Peninsula. 

The Ministry of Electricity and Renewable Energy has begun discussions with the Renergy Group Partners consortium to establish a multi-faceted renewable energy facility. The proposed project will include a 15,000 MW solar power station, a green hydrogen production plant, and a pumped storage hydropower station, all part of Egypt’s broader strategy to maximize the use of its natural resources and promote energy transition.

The talks were initiated during a meeting led by Mohamed Shaker, Egypt's Minister of Electricity and Renewable Energy, with a delegation from the Renergy Group, including Renergy Group Partners as the lead developer, Green Tech Egypt as the local technical partner, and Oke Holding as the financial and investment partner. 

The meeting, which also included leaders from the Egyptian Electricity Transmission Company, took place at the ministry's headquarters in the New Administrative Capital.

During the meeting, Minister Shaker underscored that the project aligns with Egypt's national electricity strategy, which focuses on increasing reliance on renewable energy sources in the national energy mix.

A key goal of the initiative is to support the national grid with clean and stable sources of energy, including pumped storage and hydroelectric projects, to ensure consistent and sustainable electricity supply across the country.

"We are focusing on strengthening the national grid with clean, stable energy sources, such as storage plants and pumped storage projects, which will guarantee the sustainability and stability of our electrical feed," Shaker stated.

The project’s technical details include a solar power station capable of generating 15,000 MW, a pumped storage hydropower station with a capacity of 4,400 MW designed to generate 3,000 MWh of electricity, and a green hydrogen facility with a 1,850 MW capacity for producing hydrogen through electrolysis.

The green hydrogen initiative is particularly significant as part of Egypt’s long-term energy diversification goals, aligning with the country’s ambition to become a key player in the green hydrogen market.

Shaker emphasized that the project is part of a broader governmental effort to transition to renewable energy sources and reduce reliance on fossil fuels. As part of Egypt's energy transformation plan, the Ministry aims to add 2,500 MW of renewable energy capacity annually until 2030. The integration of energy storage technologies and improved efficiency at hydroelectric plants will be pivotal to meeting this ambitious target.

The minister also highlighted the critical importance of effective management and investment in renewable resources to guarantee energy sustainability while providing clean and secure solutions for the future.

"We must leverage our renewable resources effectively to maximize returns and ensure a sustainable energy future for Egypt," Shaker added, stressing that the pumped storage facility will play a central role in powering Egypt's national grid.