News Industry

Egypt to Expand Solar Capacity Twelvefold by 2035 (GlobalData)

Egypt to Expand Solar Capacity Twelvefold by 2035 (GlobalData)
Wednesday, 29 April 2026 19:38
  • Egypt’s solar photovoltaic capacity could rise from 2.9 GW in 2025 to 34.3 GW by 2035, according to GlobalData.
  • Total renewable energy capacity could reach 49.7 GW by 2035, with solar driving most of the expansion.
  • Egypt targets a 42% share of renewables in its electricity mix by 2030 as it seeks to reduce dependence on natural gas.

Egypt will likely increase its solar photovoltaic capacity twelvefold over the next decade as the country accelerates its renewable energy expansion and diversifies a power system still dominated by natural gas.

A report that research firm GlobalData published on Tuesday, April 28, forecast that Egypt’s solar photovoltaic capacity will rise from 2.9 gigawatts (GW) in 2025 to 34.3 GW by 2035.

The projected growth reflects a broader transformation of Egypt’s power sector, which natural gas has historically dominated. GlobalData expects the country’s total renewable energy capacity to reach 49.7 GW by 2035, with solar energy accounting for most of the increase.

“Solar photovoltaic energy is emerging as the main growth driver of Egypt’s energy sector because the country has abundant resources, projects are becoming more cost-effective, and policymakers continue to provide consistent support,” Mohammed Ziauddin, analyst at GlobalData, said.

Supportive Regulatory and Structural Framework

Egypt has supported the current momentum through a favorable regulatory framework that includes market access for independent power producers. The country has also relied on mechanisms such as long-term power purchase agreements, sovereign guarantees, and build-own-operate models.

Several recent projects have illustrated the rapid expansion of Egypt’s renewable energy sector.

Norwegian developer Scatec announced in February that it had commissioned the first phase of its Obelisk project, which includes 561 MW of solar capacity and a 100 MW/200 MWh battery storage system.

Earlier in January, Scatec signed a power purchase agreement with the Egyptian Electricity Transmission Company covering 1.95 GW of solar power capacity and 3.9 GWh of storage capacity.

Meanwhile, AMEA Power commissioned a 500 MW wind power plant in Ras Ghareb. The company described the facility in June 2025 as the largest wind farm in Africa.

Egypt wants to reduce the share of fossil fuels in its electricity mix. Official statements show that the country aims to generate 42% of its electricity from renewable sources by 2030.

GlobalData expects natural gas capacity to stabilize between 45 GW and 50 GW over the coming years. The report also said nuclear energy will enter Egypt’s energy mix.

This article was initially published in French by Abdoullah Diop

Adapted in English by Ange J.A de Berry Quenum

On the same topic
Egypt’s solar photovoltaic capacity could rise from 2.9 GW in 2025 to 34.3 GW by 2035, according to GlobalData. Total renewable energy capacity could...
Africa’s natural gas consumption rose 4% to 185 billion cubic meters in 2025, driven by power and residential demand. North Africa led...
In 2024, Niger stripped GoviEx, now known as Atomic Eagle, of the Madaouela uranium project. As efforts to address what the company considers a grievance...
Rio Tinto, Angola launch joint venture for Chiri diamond project Site could become Angola’s third producing mine, minister says Move aligns...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.