At COP29 in Baku, Egypt signed two memoranda of understanding for 5.2 GW of renewable energy. The first agreement, with UAE’s TAQA and France’s Voltalia, involves a 3.2 GW project, featuring 2.1 GW solar and 1.1 GW wind, slated for 2028 near Cairo. The second deal with Alcazar Energy focuses on a 2 GW wind project. These steps align with Egypt’s energy transition goals.
