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Electricity and planning ministers review energy investment plans
The article discusses the collaboration between the Minister of Electricity and Renewable Energy and the Minister of Planning and Economic Development in Egypt, aimed at strengthening the energy transition plan and increasing the use of renewable energy sources to reach 45% by 2028. During the meeting, the current status of projects was reviewed, along with innovative financing solutions for their implementation, as well as efforts to boost electrical capacity to meet growing demands. The two ministers also emphasized the importance of partnering with the private sector and international allies to support the national energy strategy, with a focus on exploring and extracting terrestrial ores and rare elements to maximize returns and promote downstream industries. This is part of the state's efforts to reduce reliance on fossil fuels and cut carbon emissions.
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