Sisi emphasizes localizing new energy industries
Egyptian President Abdel Fattah El-Sisi expressed his desire to support and localize renewable energy industries, with a focus on enhancing energy security and the green transition in Egypt. He directed an increase in the share of renewable energy to 45% of the total generated energy by 2028, through implementing expansion projects and developing electrical energy storage technologies using batteries. He also emphasized the importance of developing local industries in areas such as black sand, fertilizers, and rare earth elements to support this transformation, in addition to strengthening partnerships in the energy sector and domestically producing batteries.
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