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
Policy Target:Multiple RE Sources>Power, Wind, Solar
Policy Sector:Electricity
Size of Plant Targeted:Large
Agency:New and Renewable Energy Authority (NREA)

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