The two countries have signed a memorandum of understanding (MoU) to develop a new subsea electricity line connecting their power systems. The power link, if built, could provide a route for African solar energy to reach European markets.

Greece’s minister of the environment and energy Kostas Skrekas and Egypt’s minister of electricity and renewable energy Mohamed Shaker El-Markabi yesterday signed an MoU aiming to link the two countries’ electricity systems via a new subsea power line.

The signing in Greece’s capital city Athens comes just a few months after Greece, Cyprus, and Israel joined forces to connect their power grids via the so-called EuroAsia Interconnector.

Both electricity interconnections could provide the European Union block with access to solar power generated in the sunny regions of the Middle East and Northern Africa (MENA).