Egypt: NREA and Dii Collaborate on Renewable Projects
The Egyptian Authority for New & Renewable Energy (NREA) and the Desertec Industrial Initiative (Dii) signed a memorandum of understanding to increase collaboration supporting local renewable energy (RE) institutions and accelerate the dissemination of RE projects. Both parties have agreed to leverage information exchange regarding solar and wind resource analysis, incentive instruments for RE private investments in Egypt and the MENA Region, creat long-term opportunities for RE electricity transfers from Egypt to the EU and support local mechanisms for RE projects in Egypt.
