Latest in Energy Highlight
Latest in Energy
Gama Construction announces grid connection of 6 solar plants in Benban
Gama Construction’s scope of work in Benban Solar Park consisted of six solar power plants, which is considered the largest number of plants to be performed by one local contractor. Furthermore, the manpower in Gama’s projects exceeded 4,700 workers who completed a total of 7.5m hours.
Egypt seeks to increase natural gas production to 8bn scf per day in FY21
Egypt’s Petroleum Ministry targets natural gas surplus of about 2bn scf per day, expanding exports, says source
UAE and Chinese companies seek to acquire solar energy projects in Benban
Commercial operation enhances investor plans, sale of Enerray approaches
Gas production of Shell’s Burullus and Rashid fields up to 440m scf/day
Company has finished linking the third well of Phase 9B on production, says source
Egypt studies providing EV charging stations at electricity distribution companies
Shaker noted that Egypt has huge daily reserves of electricity up to 20,000MW that can be used in many fields.
Signify’s global investments €7.5bn, sales in Egypt reach €26m: Devan Pillay
Egypt and East Africa account for 40% of Signify’s trade in the continent
AOI-Madkour consortium wins solar stations tender for NAC’s military complex
Project to be running before 30 June 2020
UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
HSBC, Citibank compete to assess Siemens power plants
Egypt’s sovereign wealth fund to name the winning financial advisor within days
Dolphinus to import gas from Israel next January… Egypt to benefit from transport, handling fees
Gas transmission with reverse line from Ashkelon to El-Arish is completed, paving the way for Dolphinus to start imports according to informed sources
Leopard: everything must change so everything can stay the same?
The great Italian writer Lampedusa has his central character Prince Tancredi articulate the most profound statement about conservative politics ever made: “If we want things to stay as they are,” he tells his uncle, “things will have to change.”
Egypt ERA notifies 3 companies over electricity price violations
The violating companies includes Egyptian Gulf Company for Tourism Projects, Misr Italia, and UGCO
EDF Renewables invests in Egypt’s KarmSolar, becomes shareholder
In a Monday press statement, EDF Renewables will make a capital investment to become a strategic shareholder in the solar company, with which it has also agreed on a strategic partnership in the development of solar energy in Egypt.
Egypt aims to increase oil exports revenues to $8.5bn in FY 2019/20
Quantities include the foreign partner’s share at an average price of $55 a barrel, say government sources
Ecomondo expo opens new horizons in economic cooperation between Egypt, Italy
Egypt to host Watrex Expo in March 2020
Egyptian officials meet more than 15 companies working in recycling
Italian companies welcomed Egyptian partnerships and investment opportunities
UAE company offers to establish $800m desalination plants in Egypt
A committee was formed to study the offer and prepare a report to the cabinet
Electricity Ministry targets increasing local manufacturing of renewable energy components to 40%
Egyptian companies have experience in establishment, operation, and maintenance of stations: Asran
Onera completes establishing rooftop PV station for German School
Company to complete new solar project in Sinai before year-end
ACWA Power to finalise financial closure of Kom Ombo plant in Q1 2020
Project costs amounted to $200m, international institutions involved in funding
Energean to complete soon its acquisition of Edison’s assets in Egypt
Company finalised evaluating of North Karish discovery
ACUD to receive bids for rooftop photovoltaic power stations in NAC on Tuesday
Orascom, Lightsource BP, Infinity Solar, El Sewedy Electric are among top bidders, says source
France’s EDF plans to invest $25m in Egypt’s KarmSolar by end-2019
The source revealed that negotiations with KarmSolar have reached very advanced stages and are expected to be officially declared within days, however, the source did not disclose any further details.
Egypt imposes its conditions on Israel, settles arbitration cases
Agreement allows gas transfer from Tel Aviv in 1Q 2020, says source
Ecomondo 2019 tackles green business in MENA
Organised by Italian Exhibition Group (IEG), at Rimini Expo Centre, from 5 to 8 November, Ecomondo is the reference point for international markets.
Alcazar Energy trains 96 secondary school, university students on installation, operation of solar plants
The company aims to reduce the consumption of fossil fuels and the cost of power generation and carbon dioxide emissions in the countries in which it operates, improve the efficiency of electrical energy, and create a balanced socio-economic value. The company’s investments amount to $800m.
Signify Egypt renews lighting control system of Qalawun complex
The complex is one of the famous architectural monuments located in the heart of Al-Muizz Street. It consists of a mosque, a school, a dome, a mausoleum, and a bimaristan (hospital) which was built by Sultan Al-Mansur Qalawun in 1285.
NREA to decide on Vestas’ offer to establish Gulf of Suez wind farm before end-2019
The source said the project’s capacity can be increased in case of securing larger funding.
Egypt receives $2bn worth bids to establish waste-to-energy projects
Arab, foreign companies find appetite to invest in the sector after cabinet’s approval of feed-in tariff
Rosatom reviews Dabaa nuclear plant’s designs as execution starts 2H 2020
Al-Sisi follows up on the project, while four government agencies participate in building the plant