*Image courtesy of Adobe Stock
Egypt hosts one of the largest solar farms in the world, and has a thriving market for wind and solar I-RECs. In addition to these, Egypt is tapping into its vast wind resources, particularly in the Gulf of Suez, where some of the world’s highest wind speeds are recorded.
The country’s strategic location between Africa and the Middle East, combined with its renewable energy initiatives, positions Egypt as a key player in the region’s clean energy future. Egypt I-RECs have a 68% increase in demand from 2023 to 2024.
I-RECs can be sourced forward by up to three years.
PROJECT TYPE: Wind and Solar
ECOLABEL: 3Degrees is the largest seller of EKOenergy-labelled electricity
ONLINE DATE: Varies — we can offer a range of options to meet your needs
LOCATION: Egypt
For buyers who wish to adhere to high standards, such as RE100 and CDP, 3Degrees can help source I-RECs from facilities that achieve the climate impact set forth by these standards.
For generators in Egypt, 3Degrees offers portfolio management services for all or part of your production, along with full offtake agreements, forward agreements, and spot agreements. Contact us to sell your supply.
