|Overview : |
The objective of Egypt-PV is to remove the barriers to increased power generation by small, decentralized, grid-connected PV systems. The project strategy builds on the planned Government initiatives to develop a market for small, decentralized renewable energy power generation by ensuring adequate returns on targeted private sector investments.
The project will catalyze the development of decentralized, grid-connected small-scale renewable energy (RE) power generation market in Egypt and the solar PV in particular. The target is to facilitate the installation of new decentralized PV resulting in direct GHG reduction benefits of 66 kilo-tones of CO2eq during the lifetime of the project. Complementary indirect mitigation benefits are expected from the sustained market growth of the PV market after the project with estimated GHG reduction of about 0.6-0.7 million tons of CO2eq.
The project is funded by the Global Environment Facility (GEF) and United Nations Development Programme (UNDP) acts as the GEF Implementing Agency. The project is executed by Industrial Modernization Centre (IMC) of the Ministry of Industry and Foreign Trade, which will assume the overall responsibility for the achievement of project results as UNDP’s Implementing Partner (IP).
Energy Efficiency and Renewable Energy plan in the New Capital
New capital city is located 35 KM east of Cairo of a total area of 170,000 feddan which lies between the regional ring road, the Cairo-Suez road and Cairo-El Ain El Sokhna road. The new capital city will help to strengthen and diversify the country’s economic potential by creating new places to live, work and visit. In order to draw people to this new capital city, a series of key catalyst developments will be established at its core. This will include a new government administrative district, a cultural district, and a wide variety of urban neighborhoods.
The new Administrative Capital for Urban Development is planning to implement an energy efficiency and renewable energy plan. One of the actions of this plan is to implement BIPV/BAPV systems for the buildings in the city.