Egypt will invest US$1 billion in solar energy in the coming years, according to the state-run information service.
Local and administrative development minister Adel Labib was quoted as saying that a giant US$1 billion project was in the pipeline.
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In separate comments, minister of housing, utilities and urban development, Mostafa Madbouly, launched a scheme to install solar panels on the rooftops of government buildings to generate power onsite and help relieve the country’s over-burdened grid.
The country's prime minister Ibrahim Melheb gave his backing to the technology in March 2014.
The county hopes to generate 20% of its electricity from renewables by 2020.
The procurement process for a 200MW PV plant in Kom Ombo has already begun. It is not clear if the US$1 billion figure mentioned by minister Labib included this site or not.
A series of power purchase agreements in Jordan have been announced in recent weeks following the conclusion of its first major PV procurement round.
