Egypt’s 1st Renewable Energy Roundtable tackles sector’s investment opportunities, challenges

Daily News Egypt
2 Min Read
Many wind turbines and a large solar panel array in a desert valley, mountains in the distance and blue sky above. Palm Springs, California, USA

The New and Renewable Energy Authority (NREA), held the first roundtable on renewable energy investment and sustainable development in Egypt on Tuesday, organised by Media Avenue.

The roundtable was attended by Mohamed Salah El-Sobky, former NREA chief; Hend Farouh, director of Small Scale Photovoltaic Systems; Ahmed Zahran, executive director of KarmSolar, Sherif El Gabaly, president of the Egyptian Junior Business Association (EJB) and Enara Capital; Mennatallah Sadek, CEO of Hassan Allam Utilities; Soraya Hassan, Business Development Manager at Infinity Solar; Hossam Allam, CEO of Hassan Allam services; and Hassan Amin, regional director of Acwa Power. 

The first session of the roundtable discussed the future of renewable energy after the feed-in tariff projects and the benefits of launching the largest solar gathering in the world for the Egyptian market. While the second session tackled the investment opportunities in renewable energy and sustainable development, electricity transmission, production and distribution. 

Media Avenue honoured the leading companies in the field of renewable energy and the most influential figures in the sector on the sidelines of the round table held on Tuesday.

 

According to Media Avenue, “the honouring comes out of our belief of the role of the government, represented in the Ministry of Electricity, in attracting Arab and foreign companies to invest in Egypt, and to achieve added value to the Egyptian economy in cooperation with international financing institutions which funded many renewable energy projects.

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