Egypt, United Arab Emirates partner to localize renewable energy

Prime Minister Mostafa Madbouli chaired a key meeting aimed at strengthening cooperation between Egypt and the United Arab Emirates in the field of new and renewable energy. The session, attended by key officials, including Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, underscored their shared commitment to promoting the localization of renewable energy industries.

Madbouli stressed the strategic importance of integrating significant amounts of renewable energy into the Egyptian electricity grid. He highlighted the agreement with Minister Sultan Al Jaber to develop an ambitious implementation plan to quickly achieve this goal while increasing local production of technologies such as solar panels and wind energy components.

“The future of Egypt’s energy sector depends on the use of new and renewable energy sources,” said Prime Minister Madbouli, emphasizing the crucial role of partnerships with the private sector in the successful implementation of these initiatives.

Minister Sultan Al Jaber echoed these sentiments, reaffirming the feasibility and necessity of solving Egypt’s energy problems through joint efforts. He outlined mechanisms for cooperation in the short, medium and long term to achieve sustainable solutions to Egypt’s energy needs.

The meeting also addressed the significant increase in energy consumption in Egypt, emphasizing the urgent need to implement renewable energy solutions. Prime Minister Madbouli reaffirmed the strong bilateral ties and ongoing cooperation with the UAE to implement targeted projects that benefit both nations.

The cooperation aims to introduce 4 gigawatts of renewable energy into the Egyptian electricity grid by next summer, a major step towards sustainable energy use and economic development in the region.

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