The European Union (EU) is strengthening its strategic partnership with Egypt in the renewable energy field through an €690 million clean-energy grid investment to upgrade and expand the Egyptian electricity network.

Prime Minister Mostafa Madbouly witnessed the signing of a protocol agreement between three ministries to finance projects aimed at strengthening and developing the national electricity grid, with EGP 60 billion, to accommodate renewable energy capacity.

Korra Energi, through its alliance with High Dam Electrical & Industrial Projects Co (HIDELECO), has won project contracts to implement the first and third phases of a 500-kV transmission line linking the Gulf of Suez wind farms to Egypt's national grid.

The New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), and Alcazar Energy signed two investment, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit wind farm in the Red Sea Governorate.

The Egyptian Electricity Transmission Company (EETC) aims to invest EGP 44.9 billion in the fiscal year (FY) 2025/2026

The Egyptian Electricity Transmission Company (EETC) and the Infinity-Hassan Allam consortium signed the complementary agreements to establish two solar power projects and two interconnected battery storage plants with a total capacity of 1,200 megawatts and 720 megawatt-hour of battery storage capacity.

The Egyptian Electricity Transmission Company (EETC) and Siemens Gamesa Renewable Energy signed an agreement to build a 500-megawatt wind farm in the Gulf of Suez.

Egyptian Electricity Transmission (EETC) has allocated EGP 7 billion in new investments to unload and transmit electricity from renewable energy projects and connect it to the national grid until the end of 2025.

The state-owned Egyptian Electricity Transmission Company (EETC) seeks to open letters of credit (LCs) worth EGP 68 billion ($1.3 billion).

Egypt has signed two agreements to build a 500-megawatt wind farm in the Gulf of Suez, with investments estimated at $600 million.

Egyptian Electricity Transmission Company (EETC) and a consortium comprising UAE’s Masdar, Egypt's Infinity, and Hassan Allam signed two agreements.

Prime Minister Mostafa Madbouly witnessed the signing of two memoranda of understanding (MoU) for the production of 5,200 megawatts of electricity from renewable sources, including 3,100 megawatts from wind and 2,100 megawatts from solar energy.

Minister of Electricity Mahmoud Esmat called for the expedition of the executive steps in the separation procedures between the Egyptian Electricity Transmission Company (EETC) and the Egyptian Electricity Holding Company (EEHC).

The Egyptian Ministry of Electricity and Energy is planning to add 3 gigawatts of solar and wind power to the national grid until the summer of 2025.

The Egyptian Electricity Transmission Company (EETC) has invested EGP 5.7 billion in Egypt in the fiscal year (FY) 2022/2023.