Voltalia CEO Robert Klein reaffirmed the French company’s commitment to expanding its investments in Egypt’s renewable energy sector.

He emphasized Voltalia’s determination to continue expanding in the Egyptian market, describing Egypt as a promising and attractive destination for green investments, and a model of successful international cooperation in addressing climate change challenges.

On her part, CEO of TAQA Arabia Pakinam Kafafi said Egypt’s energy sector has undergone a radical transformation since 2014, driven by a bold vision that positioned the clean energy transition as a cornerstone of the country’s economic and social development.

She noted that TAQA’s previous preparations and partnerships laid the foundation for its collaboration with Voltalia, culminating in a 2024 agreement with the Egyptian government to develop an integrated green hydrogen complex with investments reaching $3 billion.

Kafafi added that in November 2024, TAQA Arabia signed an agreement with the Ministry of Electricity and Renewable Energy to rehabilitate the Zafarana Wind Farm, aiming to generate 3 GW of renewable energy (solar and wind) with total investments of $2 billion.

She stressed that these projects reflect the company’s strong commitment to supporting Egypt’s transformation into a regional hub for clean energy, fully aligned with Egypt Vision 2030 and its sustainable development plans. (MORE)

M S H/R E E