In early 2026, the signing of a resolution in the Cabinet Chamber in Cairo opened a new page in Egypt's renewable energy process. The Egyptian Cabinet has officially approved four large-scale renewable energy projects led by the United Egyptian National Industries Group (Kemet), with a total installed capacity of 2.72GW of solar energy and a 2GWh battery energy storage system.

When the news came out, surveyors had already begun to shuttle through the desert sunshine of Baharia Oasis. This ancient land is about to usher in a clean energy revolution.

Four major projects, blueprint unfolding

According to the resolution of the 79th meeting of the Egyptian Cabinet, Kemet Company has been authorized to implement four projects, distributed in different locations, forming a complementary pattern. In the Baharia Oasis, two solar power stations with installed capacities of 320MW and 400MW respectively will be built. The vast desert and abundant sunshine make it an ideal place for photovoltaic power generation.

In Naghamadi, a large solar power station with an installed capacity of up to 2GW will be built, and an independent battery energy storage station with a capacity of 2GWh will also be constructed. This is the largest of the four projects, and the design combining light and energy storage will effectively solve the fluctuation problem of new energy generation and ensure stable power supply. All projects are planned to be completed and put into operation by 2027. It is worth mentioning that project payments will be settled in Egypt's domestic currency, the Egyptian pound. This arrangement not only reduces foreign exchange pressure, but also reflects Egypt's intention to promote the internationalization of its currency.

Chinese partner, locally manufactured

Prior to obtaining cabinet approval, Kemet has been working on localizing its industrial chain. In January 2026, Kemet signed a memorandum of understanding with China's TBEA to localize the production of solar equipment and inverters in Egypt. During the same period, Kemet also signed agreements with China's Su Xihui Energy Conservation and Kangxi New Energy to invest in the construction of photovoltaic module factories and energy storage battery factories. The former has an annual production capacity of 5GW, while the latter has an annual production capacity of 5GWh. These measures will help Egypt build a complete new energy manufacturing system, reduce dependence on imports, and create local employment opportunities.

The participation of Chinese enterprises not only brings technology and production capacity, but also promotes the localization process of Egypt's new energy industry chain. A complete new energy value chain is gradually taking shape in Egypt, from equipment manufacturing to project operation.

Strategic acceleration, energy transformation

This series of investments is an important component of Egypt's national energy strategy. According to the plan, Egypt hopes to increase the proportion of renewable energy in the power structure to 42% by 2030. Kemet's project will not only directly increase clean power supply, but also gradually make Egypt a regional center in the clean technology value chain through local manufacturing.

Recently, Egypt has been making frequent moves in the field of renewable energy. In addition to Kemet's project, Egypt has also approved the "Energy Valley" solar and energy storage project led by Scatec from Norway and Sunac from China, with a total investment of over 1.8 billion US dollars, as well as the battery storage equipment manufacturing plant project. These intensive signings indicate that Egypt is advancing its energy structure transformation at an unprecedented pace, striving to occupy a favorable position in the global clean energy wave. Keywords: New Energy Latest News, New Energy Latest Reports

From the banks of the Nile River to the depths of the desert, photovoltaic panels are replacing ancient sand dunes as the new landscape of this land. With the gradual implementation of projects such as Kemet, Egypt's clean energy future is worth looking forward to. When the sun shines on these newly built power plants in 2027, Egypt will be one step closer to its goal of 42% renewable energy by 2030. Editor/Yang Beihua