Egypt signs letter of intent to join Battery Energy Storage Systems Alliance – Egypt Today

  • Date: 04-Dec-2023
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
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Egypt signs letter of intent to join Battery Energy Storage Systems Alliance – Egypt Today









CAIRO - 3 December 2023: Egypt signed a letter of intent to join the Battery Energy Storage Systems Alliance (BESS), which is one of the main initiatives of the Global Energy Alliance for People and Planet (GEAPP) during COP28 in Dubai.





 





Egypt’s signature brings the number of joining countries to 10 countries, as the letter of intent was signed by the Minister of International Cooperation, Rania. A. Al-Mashat, and the Minister of Electricity and Renewable Energy, Mohamed Shaker.





 





The alliance aims to enhance joint work to secure 5 GWs of stored energy by 2024, and take a step towards achieving the alliance’s goals of achieving 400 GWs of renewable energy to meet the global energy need by 2030, the Ministry of International Cooperation stated.





 





It added that the BESS Alliance aims to accelerate efforts aimed at expanding reliable and efficient renewable energy storage systems, especially for low and middle-income countries, meeting the growing demand for energy in those countries, and enabling about 3 billion people around the world to have access to electricity.





 





Al-Mashat confirmed that there is a growing global interest in adopting energy storage technologies to