Renewable power in Egypt consists primarily of wind and solar power. Solar power is still relatively new; the first Concentrated Solar Power (CSP) plant was only set up in 2011 because installation costs for solar power plants are high compared with wind, gas, and oil-based power plants. Most of the investment in renewables has therefore been focused on the development of wind power, and this trend is expected to continue in the future. The New and Renewable Energy Authority, which was set up in 1986, acts as a central point for the implementation of efforts to develop and launch renewable technologies on a commercial scale. Feed-in Tariffs (FiT) are primarily responsible for boosting growth in the wind energy sector. Currently, 18 wind power projects are expected to come online in the near future. In terms of deals, a total deal value of $1.4 billion and $200m was recorded in 2014 and Q1 2015 respectively in the wind power sector.
Browse full report with TOC @ http://www.acutemarketreports.com/report/egypt-wind-energy-outlook
– The report includes wind power capacity, generation, regulatory framework, upcoming projects and major deals.
Reasons to buy
– The report gives an overview of the country’s wind energy sector.
– Helps in understanding the growth trajectory of wind power in the country
– Gain insights into the country’s wind power policies and regulations
– Identify investment opportunities through upcoming wind energy projects
– Identify major deals and investments made in the wind energy sector during 2014-2015
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