Egypt is aiming to generate 45% of its electricity from renewable sources by 2028, two years ahead of its previous 2030 target, Prime Minister Mostafa Madbouly said.

Speaking after a Cabinet meeting, Madbouly emphasized that the government is fast-tracking major renewable energy projects while upgrading the national electricity grid to accommodate additional capacity. These upgrades are expected to require investments of around $2.94 billion.

The revised target builds on Egypt’s earlier goal of reaching 42% renewable energy by 2030 and signals a broader push to strengthen energy security, reduce reliance on fuel imports, and diversify the country’s energy mix.

To support this shift, Egypt has significantly increased funding for the sector. The government has allocated approximately $2.5 billion in its 2025 to 2026 development plan, nearly double the $1.3 billion set aside the previous year, to expand solar, wind, and other clean energy projects while reinforcing grid infrastructure.

At the same time, Egypt is advancing regional energy integration. Cross-border electricity interconnection capacity is expected to reach 3,900 MW by 2025 to 2026, supported by existing links with Jordan, Libya, and Sudan, as well as planned connections with Saudi Arabia, Greece, and Cyprus.

The move reflects a wider shift across the Middle East, where countries are accelerating investments in renewable energy as part of long-term decarbonization strategies.