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Foreign investors rush to take advantage of Egypt’s renewables boom

The country and its north African neighbours are poised to become increasingly important energy suppliers to Europe.

The 650-MW Gulf of Suez Wind Farm II in Egypt has been completed and has begun full commercial operation.

Agiba Petroleum unveils Arcadia West oil discovery in Egypt's Western Desert, boosting national oil and gas output.

The project will be developed by Chinese company Sunrev Solar with total investments of $200 million.

Additionally, two onshore blocks in the Nile Delta and North Sinai were granted to IPR and Perenco, respectively.

Energy Events

EGYPES 30.03.2026

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