The Egyptian government recently announced a substantial increase in household electricity prices, with adjustments ranging up to 50%, as part of the ongoing removal of electricity subsidies to meet IMF loan conditions totaling $8 billion. The implementation will vary based on household electricity consumption, affecting prepaid meter users immediately and regular meter users from October 1. Despite previous delays due to power shortages and economic constraints, the price hikes are set to be enforced soon. Egypt's strategy to raise electricity prices may accelerate the demand for solar and energy storage solutions, driven by the declining costs of photovoltaic and storage systems, offering potential reductions in electricity expenses and improved power reliability. The job market in Egypt shows an uptick in solar-related positions, indicating a potential surge in PV demand, while China's export data fluctuates without a clear trend. Additionally, Egypt is the largest renewable energy market in Africa, with vast areas suitable for solar and wind power projects, potentially allowing for up to 99.7 GW of installed capacity. The government is incentivizing green hydrogen projects to expand their market share and support the country's energy transition, aiming for 42% renewable energy in the energy mix by 2025. Recent developments include major solar-storage deals such as AMEA Power's agreements for Africa's largest solar PV project and the first utility-scale battery energy storage system in Egypt. These projects, including a 1000 MW solar PV plant and a 600 MWh BESS in Aswan, showcase Egypt's commitment to renewable energy. The country targets 60% renewable energy in power generation by 2040, with solar power playing a significant role. The expansion of storage systems in Egypt, like the 300 MWh battery storage project in Kom Ombo, Aswan Province, is crucial for increasing renewable energy utilization and grid load balancing. With decreasing costs and supportive policies, Egypt's energy storage demand is expected to surge, aligning with the nation's trajectory towards sustainable energy solutions and reduced reliance on fossil fuels.