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Showing posts with the label Egypt Solar PV market

Egypt Solar PV Market – Opportunities & Forecast, 2020-2027

  The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including product type, end-user, and deployment. Egypt Solar PV Market drivers: The primary factors responsible for the growth of the Egypt Solar PV market include the growing requirement for sustainable energy resources and favorable government regulations to reduce dependency on fossil fuels. Solar PV power generation systems are environment-friendly, and renewable has proved to be lucrative in Egypt. In 2019, the Egypt government started the 1.8-gigawatt installation of the first utility-scale PV plant in the country. The main purpose of the project is to raise its generation capacity and incorporate more renewable sources in