Egypt is pushing wind & solar projects. Turning MoUs into contracts is taking time.

Egypt’s New and Renewable Energy Authority (NREA) is pushing an ambitious plan to develop 4.3GW of wind and solar photovoltaic (PV) power capacity by 2027. NREA has outlined feed-in-tariffs for its renewables program, approved by government in September 2014, specifically aimed at securing outside investment (see chart and table).

In a recent assessment report for a proposed 1.8GW solar park at...