EGYPT

Egypt is in theory on target to meet its short-term objective to have 4.3GW of renewables capacity by 2018 following a flurry of recent deals. Yet how much of these will actually be built is another matter. An increasingly ambitious medium-term plan looks even more fanciful.

Egypt’s Ministry of Electricity and Renewable Energy has recently signed agreements for renewables projects with a total 11.44GW of electricity generating capacity. Ten companies or joint ventures have...