Key Market Indicators
Egypt's solar energy consumption is projected to climb to 0.08 exajoules by 2028, rising from 0.05 exajoules in 2023. This marks an average annual growth rate of 6.5%. The country has seen a dramatic increase in solar energy demand, with a 59.7% year-on-year rise since 2016. In terms of capacity, Egypt's solar energy is expected to reach 2,410 megawatts by 2028, up from 1,850 megawatts in 2023. This represents an average yearly growth rate of 4.1%. Since 2001, the supply of solar energy in Egypt has expanded significantly, with an annual growth rate of 19.4%.
