|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|
|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