Egypt seeks to implement renewable energy, expand green energy with Slovenia

Egypt and Slovenia are seeking to reinforce their partnership to collaborate in renewable energy, green hydrogen, and electricity, an official statement said on Monday.

Minster of Electricity and Renewable Energy Mohamed Shaker welcomed the ambassador of Slovenia in Cairo, to discuss ways to support the cooperation between the two countries besides opening investment opportunities in the aforementioned fields.

Many measures have been taken to encourage the private sector participation in new and renewable energy projects, Shaker indicated.

Egypt is working with an international consultant on an energy strategy that includes raising the share of renewables in the country to over 42 percent by 2035, according to the statement.

The ambassador expressed Slovenia’s interest in enhancing the bilateral cooperation between the two countries.

She noted that Egypt is an attractive investment destination thanks to the efforts that have improved the investment climate in the country.