Egypt in Talks Over Plan to Sell Power to Europe and Africa

Nation’s sovereign fund seeking partners for transmission line
Cheap renewable energy gives Egypt advantage: CEO Soliman

A worker walks amidst solar panels at the Infinity 50 Solar Park near Aswan, southern Egypt.
Photographer: Oliver Weiken/picture alliance via Getty Images

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By Mirette Magdy

September 7, 2020 at 6:40 AM UTC

Updated on

September 7, 2020 at 3:45 PM UTC

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Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a regional export hub, the head of its sovereign wealth fund said.