@marketreports
2025-08-08T10:47:51.000000Z
字数 9399
阅读 16
Egypt Renewable Energy Market Overview
Market Size in 2024: USD 3,360.9 Million
Market Size in 2033: USD 4,900.8 Million
Market Growth Rate 2025-2033: 4.28%
According to IMARC Group’s latest research publication, “Egypt Renewable Energy Market Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the Egypt renewable energy market size reached USD 3,360.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,900.8 Million by 2033, exhibiting a growth rate (CAGR) of 4.28% during 2025-2033.
Our report includes:
Grab a sample PDF of this report: https://www.imarcgroup.com/egypt-renewable-energy-market/requestsample
Egypt Renewable Energy Market Trends & Drivers:
Three major factors are fueling the rapid growth of Egypt’s renewable energy market today. First, the government’s ambitious policies and incentives play a pivotal role. Programs like the Integrated Sustainable Energy Strategy promote a major share of renewables in the energy mix, supported by feed-in tariffs, tax breaks, and streamlined approvals. Notable projects like the Benban solar park, one of the world's largest solar complexes, highlight this commitment. These measures boost investor confidence, driving large-scale solar and wind projects, and encouraging private sector participation, which is essential for expanding Egypt’s clean energy footprint.
Secondly, Egypt’s abundant natural resources create ideal conditions for renewable energy expansion. The country enjoys high solar irradiance with about 9 to 11 hours of sunshine daily, fueling solar PV development. Its strong wind corridors near the Gulf of Suez, coupled with emerging battery storage initiatives, enable stable power supply and grid integration. This resource richness has attracted international companies like Siemens Gamesa and Scatec, which invest heavily in solar, wind, and energy storage projects, collectively enhancing Egypt’s market competitiveness and sustainability credentials.
Lastly, innovative business models and market reforms are reshaping Egypt’s energy landscape. The introduction of private-to-private power purchase agreements allows renewable producers to sell directly to industrial consumers, expanding market opportunities without government financial burdens. Projects under this scheme, totaling 400 MW capacity, show how regulatory changes are fostering a more competitive electricity market. Meanwhile, localization efforts, such as a 200 million solar components manufacturing complex, support domestic industry growth, job creation, and technology transfer, all key to sustaining renewable energy adoption in Egypt’s evolving economy.</p>
<p><strong>How AI is Reshaping the Future of Egypt Renewable Energy Market</strong></p>
<p>AI is reshaping Egypt renewable energy market by making it smarter, more efficient, and adaptable. AI-powered tools help optimize the performance of solar panels, wind turbines, and energy storage systems by analyzing real-time data to adjust settings and predict maintenance needs, reducing downtime and costs. The government’s push under its National AI Strategy includes supporting renewable projects with AI integration, such as smart grid technologies and battery storage management, to enhance energy sustainability. Companies like Huawei are collaborating with Egypt to deploy AI-driven smart grids that cut energy losses and improve storage and delivery. AI also improves demand-side management by offering personalized energy usage insights, helping consumers and industries save costs and reduce emissions. This tech infusion is key to reaching Egypt's ambitious goal of 42% renewable energy in the power mix, making clean energy more reliable and accessible across the country.</p>
<p><strong>Egypt Renewable Energy Industry Segmentation:</strong></p>
<p>The market report offers a comprehensive analysis of the segments, highlighting those with the largest <a href="https://www.imarcgroup.com/egypt-renewable-energy-market">Egypt renewable energy market share</a>. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.</p>
<p><strong>The report has segmented the market into the following categories:</strong></p>
<p><strong>Type Insights:</strong></p>
<ul>
<li>Hydro Power</li>
<li>Wind Power</li>
<li>Solar Power</li>
<li>Bioenergy</li>
<li>Others</li>
</ul>
<p><strong>End User Insights:</strong></p>
<ul>
<li>Industrial</li>
<li>Residential</li>
<li>Commercial</li>
</ul>
<p><strong>Regional Insights:</strong></p>
<ul>
<li>Greater Cairo</li>
<li>Alexandria</li>
<li>Suez Canal</li>
<li>Delta</li>
<li>Others</li>
</ul>
<p><strong>Recent News and Developments in Egypt Renewable Energy Market</strong></p>
<ul>
<li><strong>2025:</strong> Egypt’s largest wind power plant, the Amunet Wind Power Plant with approximately 500 MW capacity, began commercial operations ahead of schedule in May. Located in the Ras Ghaleb region near the Red Sea, this project features 77 turbines and is expected to support Egypt’s growing electricity demand while promoting renewable energy adoption. Its launch marks a significant boost in clean energy production, underpinning the country’s efforts to diversify its power mix and reduce reliance on fossil fuels.</li>
</ul>
<ul>
<li><strong>2025:</strong> The British International Investment signed over300 million in agreements for pioneering renewable projects including the 1.1 GW Gulf of Suez Wind Farm and an integrated solar and battery storage project by Scatec. These projects will add over 2 GW of clean energy capacity to Egypt’s grid and are expected to cut around 3.9 million metric tonnes of CO₂ emissions, enhancing Egypt's position as a North African renewable energy leader.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St., Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302