Sunday, 22 September 2019 10:56 GMT

Egypt- First roundtable on 'Investing in Renewable Energy and Sustainable Development' kicks off on 24 September

(MENAFN - Daily News Egypt) Media Avenue will hold its first roundtable on 'Investing in Renewable Energy and Sustainable Development' on 24 September.

The roundtable aims to discuss key themes regarding the private sector and the government's vision to accelerate renewable energy growth and turn Egypt into a clean energy producer.

Additionally, the roundtable will also present available investment opportunities in electricity and renewable energy projects, and tackle the role of various regulators in creating opportunities for expanding renewables' production and attracting more Arab and foreign companies to invest in Egypt's energy sector.

The roundtable will be held in cooperation with Al Borsa newspaper, with the participation of government officials and executives of companies working in solar projects in Benban, Aswan, in addition to experts in electricity and the renewable energy sector.

Speakers will address challenges facing the energy sector and its impact on investment opportunities, the government's plan to purchase energy from the private sector in light of the availability of electricity reserves, and Egypt's vision for development as well as the strategy for diversifying energy sources.

Furthermore, speakers will also discuss ways to provide incentives and legislations to boost renewable energy sector growth, showcase the experience of the private sector in production and the sale of electricity directly to consumers, beside the economic operation of the electrical system, and load management.

The General Manager at the New and Renewable Energy Authority (NREA), Mohammed El-Khayat, Chairwoman of the Egyptian Electricity Transmission Company (EETC),Sabah Mashaly, Chief Investment Officer at Infinity Solar, Teymour Abou Elkheir, and Founder and Chairperson of Enara Group, Sherif EL Gabaly, will participate in the roundtable. In addition, Country Director at ACWA Power, Hassan Amin, former Managing Director of the Egyptian Electric Utility and Consumer Protection Regulatory, Hafez Salmawy, former head of the NREA, Mohamed Salah El-Sobky, CEO at Hassan Allam Utilities, Menatalla Sadek, and President of Egemac, Medhat Ramadan, will also attend.

Moreover, the Undersecretary of State for Research, Planning, and International Cooperation at the ministry of electricity, Maha Mostafa Awad, the CEO of Hassan Allam Asset Property Services, Hossam Allam, General Manager of NOSCO, Mohamed Mazen Nadim, and Chairperson and CEO at Ship & C.R.E.W. Egypt Marwan M El Sammak will also participate.

In celebration of the completion of the solar energy tariff projects in Benban, Aswan, the minister of electricity and the chairperson of the NREA and a number of Egyptian and foreign companies implementing the projects will be honoured.


Egypt- First roundtable on 'Investing in Renewable Energy and Sustainable Development' kicks off on 24 September


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