According to Mohamedel-Khayat, executive chairman of Egypt’s New and Renewable Energy Authority (NREA), Egypt’s renewable energy has reached a capacity of 6,000 megawatts, of which 2,000 megawatts come from solar and wind energy. The remaining two-thirds come mainly from hydropower. With a year to go until a government deadline, the North African country has met its target to add 20% renewable energy to the country's electricity mix. According to the Global Wind Energy Report 2018, Egypt installed 380 MW of wind power capacity in the past year. Major renewable energy projects underway in Egypt include the Benban Solar Complex, scheduled to come online in October 2019. According to el-Khayat, the growth is attributed to recent policies such as the Independent Power Producers (IPP) policy, who are now joining the industry and signing power purchase agreements with the Egyptian Electricity Transmission Company (EETC). As of September 2019, the government is developing regulations for the production and sale of electricity directly to consumers. A key point of the new rules is that no company is allowed to monopolize the production or sale of electricity and negotiate electricity prices directly with consumers. The new law will open the market to the private sector and encourage healthy competition.

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