With eye on cheap renewable energy, Egypt to build 21 desalination plants

With eye on cheap renewable energy, Egypt to build 21 desalination plants

CAIRO –

Egypt plans to award deals next year to build 21 water desalination plants in the first $3 billion phase of a programme that will draw on cheap renewable energy, the CEO of the country’s sovereign fund said on Thursday.

Egypt, which recently hosted the COP27 UN climate talks and is trying to boost lagging investment in renewables, also aims to start production at a series of proposed green hydrogen projects in 2025-2026, Ayman Soliman said.