President Abdel Fattah El-Sisi asserted that Egypt was deeply interested in cooperating with the Indian side in the field of new and renewable energy, given its vast expertise, noting that the green energy sector has gained unprecedented support from the State to optimize its natural resources of the wind and solar energy.
That came during Sisi’s meeting in his residence in India with Sumant Sinha, Board Chairman and Managing Director of ReNew Power of India, India’s largest renewable energy company with over 9.86 GW of wind and solar energy.
Sinha said he was honored to meet President Sisi and voiced deep interest in the Indian companies in cooperating with Egypt in the field of clean energy and green hydrogen production, especially given Cairo’s role in the international climate action, which was vividly crystallized in Egypt’s hosting of the UN Climate Conference (COP27) in Sharm El Sheikh.
He also highlighted Egypt’s richness in renewable energy sources of wind and solar, which qualifies it to be one of the biggest producers worldwide, along with vast chances of establishing promising investments in this field.
Presidential Spokesman Bassam Radi said the meeting also covered means of cooperation between ReNew Power and Egypt as regards its current projects in Egypt for the production of energy from new and renewable resources as part of a national strategy to enhance the generation of power from clean energy sources.
Source: Egypt Independent
