Year:2012 (July)
Policy status:In Force
Date Effective:2012 (July)
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Policy Support>Strategic planning, Regulatory Instruments>Other mandatory requirements
Renewable Energy Policy Targets:Multiple RE Sources, Power, Wind, Solar
Policy Sector:Electricity
Size of Plant Targeted:Large
Agency:New and Renewable Energy Authority (NREA)
Renewable Energy Description:

In July 2012 the Egyptian Solar Plan was approved in the Cabinet. It targets to install around 3,500 MW of solar power plants (2,800 MW CSP + 700 MW PV) by 2027. Private investment share of these installations is estimated for 67% through competitive bidding, feed-in tariff and third party access schemes. The incentives provided for wind energy projects will be applied for solar projects.




Last modified: Thu, 21 Mar 2013 10:17:12 CET