Egypt

Following reforms that have improved economic stability, Egypt's renewable energy programme is also moving forward at pace. The government aims for renewables to make up more than 42% of the electricity mix by 2030 and has plans to raise this target to 60% by 2040, showing a long-term commitment to diversifying the energy mix.

Wind and solar projects continue to progress through competitive tenders and private sector investment, alongside ongoing grid upgrades and expansion to integrate new capacity. While private sector investment is encouraged in energy generation, investment in the state-owned grids still depends largely on public finance. The government is considering new financing models to meet rising demand for an upgraded transmission system.

Wind tender: 1 GW new competitive procurement

In early 2026, Egypt announced a new competitive tender for 1 GW of onshore wind capacity in the West Sohag area, following a hiatus of more than seven years. This tender represents a strategic pivot away from the policies that led to previous direct agreement projects, which were previously prioritised with the aim of accelerating project development timelines. The 1 GW West Sohag tender will replace the large-scale MoUs signed at COP27, previously targeting around 27 GW of wind, which have been scaled back or cancelled by the government. According to the Request for Qualifications (RfQ), the project will be procured under an IPP framework and implemented under a BOO scheme.