Haytham Kaissi’s Post

Egypt looking to raise target for renewable energy to 58% by 2040 Egypt is looking to raise its target for the renewable share of energy generation to 58% by 2040 in an updated strategy for expanding green power, Electricity Minister Mohamed Shaker said on Saturday. Shaker told an Egypt-EU investment conference that the government hoped to publish the new strategy in the next two to three months. Egypt previously had a target to generate 42% of its power through renewables by 2030. By Reuters June 29, 2024 Is this ratio is realistic and we have ability to achieve this target and what's the sitution for existing fossil fuel power plant? Are we need to connect this green energy to green cooridor( separate network) or will connect it with the existing network ? What is The value $ needed to invest in the new green corridor? We really need to answer this questions looking to the future of Egypt energy. #sustaianbility #energytransation #renewableenergy #netzero2050 #egypt2040

Interesting news from Abu Dhabi! International Renewable Energy Agency (IRENA) just released the Renewable Capacity Statistics 2024, revealing that renewables accounted for 86% of new additions in 2023. However, this growth is unevenly distributed, with Africa lagging behind regions like the Middle East, China, and Europe. Urgent policy interventions are needed to overcome barriers and create local value in developing economies. Massive financing and international collaboration are essential to accelerate the energy transition. But are politicians and policy makers really listening? #RenewableEnergy #Sustainability #IRENA #UAE #MENA https://lnkd.in/dMgCfD3f

Get to know Egypt's 8 policies to diversify energy mix The Egyptian government is seeking to diversify the energy mix through a set of policies. The policies aim at achieving optimal exploitation of Egypt's natural resources of traditional energy in addition to renewable and clean energies. #egypt #energy #policy Read more: https://lnkd.in/d-guq3Sn

Jordan To Finalize New Long-Term Energy Strategy, Including Renewable Power And Hydrogen Projects By 2024 In 2024, Jordan is set to finalize a fresh comprehensive energy strategy, incorporating novel initiatives to amplify renewable energy output and establish green hydrogen power facilities, as per statements from a Jordanian official. The forthcoming strategy, which has been in progress for a while, carries a broader objective of advancing the energy sector within the Arab nation and anticipating future requirements, revealed Amani Azzam, the Secretary General of the Energy and Mineral Resources Ministry. “Our current focus lies in the evaluation of energy sector growth and the expansion of intelligent power networks. Our aim is to conclude the new energy […] Read the full story here: https://lnkd.in/dN_JJMvn #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #greenhydrogen #jordan #middleeast #renewableenergy

The International Energy Agency (IEA) has released its 2024 report on Electricity highlighting that per capita electricity use in Africa has remained largely unchanged for over 30 years and has even shown a slight decline recently. The indication we are getting is that the growth in electricity supply is not keeping pace with the continent's rapid population increase. Although the overall electricity supply is increasing, it's not doing so fast enough to keep up with the rapid population growth, leading to a decrease in electricity consumption per person. But looking ahead, the report anticipates that a greater reliance on renewable energy is expected to contribute significantly to meeting the continent's future electricity demand, with a smaller role for natural gas. Read the full report here: AFSIA (Africa Solar Industry Association) Norfund Climate Fund Managers Norwegian-African Business Association (NABA) Sustainable Energy for All (SEforALL) African Development Bank Group Detail Commercial Solicitors Powertrust https://lnkd.in/ditbDhGw

#President Abdel Fattah El-Sisi's remarks shed light on the financing challenges facing #Egypt's energy sector. As the nation seeks to bolster its #EnergyInfrastructure and transition towards #Renewable sources, addressing these challenges is paramount. Read more about the President's insights in the article linked below. https://lnkd.in/dxzpHvaQ #EnergySector #RenewableEnergy EGYPES - Egypt Energy Show

India and Saudi Arabia have signed MoU to collaborate in the areas of electrical interconnections, green hydrogen, and supply chains. The MoU aims to establish cooperation in electrical interconnection, exchange of electricity during peak times and emergencies, co-development of projects, co-production of green hydrogen and renewable energy, and establishing secure supply chains. India and Saudi Arabia inked an initial pact to collaborate in the field of electrical interconnections, green/clean hydrogen and supply chains. The MoU aims to establish a general framework for cooperation between the two countries in the field of electrical interconnection and exchange of electricity during peak times and emergencies. Besides, both the countries aim for co-development of projects, co-production of green/clean hydrogen and renewable energy, and also establishing secure, reliable and resilient supply chains of materials used in green/clean hydrogen and the renewable energy sector.

The 12th Arab Energy Conference in Doha concluded with a call for Arab countries to address energy security challenges collectively. Ministers emphasized the need for a realistic, evidence-based vision for a fair, balanced, and long-term transition to low-carbon energy. With approximately one billion people lacking access to basic power, the importance of concerted efforts for economic growth was highlighted. Qatar's Minister of State for Energy Affairs stressed cooperation among Arab nations, emphasizing investment in energy efficiency, low-carbon technologies, and the use of renewable energy sources. OAPEC Secretary-General, Jamal Essa Al loughani: "The conference explored the implications of international energy trends on the Arab world." Solar energy in particular was recognized as a key resource for the Arab region. The Arab Energy Conference is held every four years to discuss energy issues relevant to the region. Topics covered include energy sources, petroleum industries, electric power cooperation, and sustainable development. #ArabEnergyConference #LowCarbonTransition #RenewableEnergy #EnergySecurity

Exciting news from the UAE as we surge towards surpassing their green energy goals by 2030! With a doubling of renewable energy capacity between 2019 and 2022, and a further 70% increase in 2023, we are well on track. Minister Al Mazrouei highlights the UAE ambitious plan to boost global green energy capacity by 500% to 100 GW by 2030. The UAE's approach balances economic growth with environmental protection, emphasizing low-carbon energy solutions. Noteworthy is their $54.5 billion domestic and $50.3 billion international investment in renewables. Aligned with the 2023 National Hydrogen Strategy, UAE aim to become a leading hydrogen producer by 2031. Global collaboration is pivotal, with key factors including supportive policies, increased financing, and sustainable commercial models. #energy #renewableenergy #uae #greenfuture

According to the International Energy Agency (IEA), the three important guiding principles for the clean energy transition are: energy security, affordability, and sustainable economic growth. Sub-Saharan Africa’s (SSA) energy security is hampered by insufficiency and unaffordability. The existing electrical grid capacity is unable to meet current commercial demand and the high user-end-cost of renewable mini-grids threatens the competitive production of goods and services in the region, writes Oluleke O. Babayomi. Read the full blog 👉https://ow.ly/HsuI50PUHbB