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- Dec 15, 2024 12:09 pm GMT
Egypt is taking bold strides in the renewable energy sector with the launch of the 500-MW Abydos Solar PV Plant in Aswan, a $500 million project designed to power over 256,000 homes and reduce carbon emissions by 760 tons annually. Spearheaded by Dubai-based AMEA Power and built in collaboration with global partners like Energy China, this plant symbolizes Egyptâs commitment to a sustainable, low-carbon future.
But the renewable energy revolution doesnât stop here. Egypt is doubling down with a new $600 million, 500-MW wind power project in the Gulf of Suez, further diversifying its green energy portfolio. These transformative initiatives underscore Egyptâs rising status as a renewable energy leader in the MENA region, creating lucrative opportunities for international investors while addressing growing energy demands sustainably.
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Murrey Subheem Kumar
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