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 Egypt closes $1.1 bln renewable power deals with AMEA Power, Cabinet

 

Egypt has finalized deals worth $1.1 billion with energy firm AMEA Power to develop renewable energy projects in the country. The deals were signed by Egypt's Cabinet and AMEA Power, and they cover the construction of solar and wind power plants with a total capacity of 650 MW. The projects are set to be built in the southern part of the country and will contribute to Egypt's goal of generating 42% of its energy from renewable sources by 2035. This partnership with AMEA Power will not only boost Egypt's renewable energy sector but also create job opportunities and support the country's transition towards a more sustainable future.

 

 

 

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Note: This revised article presents the news without mentioning the source "Reuters" or indicating that it is an advertisement.