Egypt rushes to catch up on solar energy as gas prices soar

Electric solar panels siton a roof of Al-Basaysa village in Sharqiya, Egypt, July 22, 2024. REUTERS/Mohamed Abd El Ghany/File Photo

What you need to know:

  • Egypt had to fork out over $1 billion more than it had expected for imported liquefied natural gas (LNG) last year and analysts estimate it will spend billions more in 2025.