French companies plan new renewable energy projects in Egypt, ambassador says

“French companies are planning multiple new projects in Egypt’s clean and renewable energy sectors in the coming period, the French ambassador to Cairo confirmed during discussions on national power grid modernisation with Egypt’s electricity minister. Ambassador Eric Chevallier stated that French firms are keen to establish new investments in Egypt, which he described as a pivotal and strategic destination. During a meeting with Mahmoud Esmat, Minister of Electricity and Renewable Energy, Chevallier said the upcoming phase will see various new initiatives focused on modern technologies, research, development, and renewable energy. The talks centred on enhancing bilateral cooperation and partnerships in energy efficiency, technical assistance, the development of control centres, and the integration of modern technology into Egypt’s power infrastructure. Esmat outlined available investment opportunities aimed at upgrading the national electricity grid and increasing its capacity to absorb renewable energy, aligning with the country’s national energy strategy. He detailed ongoing projects designed to develop the unified national grid and increase the reliance on renewable sources within Egypt’s energy mix. The minister emphasised the sector’s focus on attracting both local and foreign private investment to add new capacities. Welcoming further cooperation with French investors, Esmat noted that the strong historical and economic ties between Egypt and France have positively impacted the electricity and renewable energy fields. Esmat also praised the involvement of French companies and the French Development Agency in financing sector projects. He stated that their participation reflects confidence in the sector’s capabilities and the state’s broader plan for energy transition and reliance on renewable energy. The post French companies plan new renewable energy projects in Egypt, ambassador says first appeared on Dailynewsegypt .

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