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.