Egypt Expected to Sell Gas to Europe While Boosting Renewables After $500 Million Deal With U.S. and Germany

EcoWatch
By Climate NexusNov 14, 2022, 4:02 pm223 ptsTrending
The U.S., Germany and the EU, and Egypt announced a deal Friday in which Egypt will eschew burning 5 GW of methane gas in exchange for a $500 million finance package enabling the country to build 10 GW of renewable energy generation capacity. Though not touted in the announcement, the deal will also likely…

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