Egypt has signed renewable energy deals worth a combined $1.8 billion. Egypt hopes to have renewable energy reach 42 per cent of its electricity generation mix by 2030, but officials say the goal will be at risk without more international support.
Irena Director-General Francesco La Camera said renewables now dominate the global energy system and the transition is irreversible, highlighting record $2.4 trillion energy-transition investment, including $800 billion for production capacity, showing rapidly accelerating investment in renewables and related energy sources.
