Egypt to install only half of renewables in its pipeline: BMI

Egypt is expected to install around 3GW of renewable energy capacity by 2026, which is only half the capacity in its pipeline, as analysts remain conservative amid the ongoing uncertain regulatory regime in the country.

Since the start of the year, investor interest in the country has increased, and Egypt’s renewable energy activity has strengthened, however, political and economic risks continue to impact growth, according BMI Research.