Latest in Tag: energy Highlight
Latest in Tag: energy
Egypt has all the potential to overcome its challenges: CEO of BLOM Bank Egypt
We have great potential in tourism, industry, agriculture, energy, and mineral resources, says Ozalp
Parliament ratifies Egypt-Saudi nuclear energy agreement despite criticism
Nuclear energy expansion in Egypt was widely perceived as a threat rather than an opportunity
Sea change to Germany’s energy transition as it throws renewables to the open market
Germany’s controversial reform of its renewable energy law was designed to better match up to the systems of other European countries. But how will it play out for development of renewables, in Germany and across Europe?
TAQA Arabia considers establishing new 50MW-capacity solar power plant
The company is also seeking to implement a similar power plant in Aswan
70% decrease in production capacity due to energy and clinker shortage at Alexandria Portland Cement
Alexandria Portland Cement owns three production lines: one line in Alexandria with a capacity of 1.5m tonnes annually and fuelled by diesel and mazut, and two lines in Beni Suef with an annual capacity of 3m tonnes.
UK stocks erase all post-vote losses
London’s benchmark FTSE 100 stock index has erased all its post Brexit vote losses on a wave of bargain hunting activities. Energy and financial shares were among the biggest winners after slumping right after the vote.
Can we make our cities more sustainable?
Urban gardening, greener transport and energy-efficient buildings – with half of the world’s population living in cities, they will need to become more sustainable. DW looks at how this can happen.
Japan to cut emphasis on nuclear in next energy plan
Japan is rethinking its energy diet and could announce a shift away from nuclear power as soon as next year. Scrapping nuclear would mean more renewable energy generation, but also a heavier reliance on coal.
Operating profit rises at RWE, so does net borrowing
German energy giant RWE has posted better-than-expected earnings for the first quarter of the year. But the utility continues to grapple with slumping electricity prices and the nation’s gradual exit from nuclear power.
Government presents plans to create competitive investment in Egypt’s electricity market
Smart meters reduced water consumption by 40% and electricity consumption by 26% in Madinaty: Afify
Renewing Egypt’s energy sector
After a period when electricity shortages and black-outs were a regular occurrence in Egypt, we are now entering an exciting period in the Egyptian energy sector, despite the challenges of the prevailing economic climate. Government initiatives to prioritise electricity provision to residential and commercial areas and the emergence of the private sector in generating electricity …
Saudi Arabia creates energy mega-ministry to implement Vision 2030 plan
The new department will oversee half of the kingdom’s economic output as the country continues to diversify its economy. The newly appointed energy minister plans investment in renewables and mining.
Egypt, Bahrain sign 11 MOU in various fields
Egypt presents its mega-development projects to attract Bahraini investments
Egypt concludes sixth AMCEN special session, launches national strategy for green economy
Egypt aims for gradual transition into green purchases amid growing concern over coal expansion
EU allocates €68m to promote Egypt Gas Connection
Other partners include the French Development Agency (AFD) that will contribute a €70m loan, and the World Bank, which offered a $500m loan
Natural gas producers have problems this spring
US production of natural gas reached its peak in this winter even when prices are low, a surprise for these troubled markets.
Environmentalists to bring new, less hazardous energy mix solutions by 2030
CO2 emissions coming from coal use is upwards of 50m tonnes, says ECESR
Renewable energy targets may have increased emissions
A recent study found that some biofuels produce three times the emissions of diesel, justifying an about-face in European Union policy in 2012. But biofuel companies say they are being punished based on bad science.
Graviton Capital looks into investing in new energy projects in Egypt
The firm allocates $15m-$20m per investment, but investment will only take place when a clear monetary policy is in place amid fluctuations between the dollar and Egyptian pound
Recovered Energy allocates $50m to launch recycling projects to generate electricity
Recovered Energy is conducting technical and financial studies in preparation for the launch of recycling projects
Government to contract foreign companies to increase energy yield
The Ministry of Electricity and Renewable Energy is pursuing contracts worth $7.5bn to add a capacity factor of 6,750 MW to Egypt’s electrical grid
British companies visit Egypt bringing their experience in new energy discoveries
Egypt key market for leading British companies working in oil and gas sector, says EIC Director
Acwa Power agrees to jointly fund Dayrut power plant
Weekly meeting will be held with Ministry of Electricity officials until a final agreement is reached, says Acwa Power Regional Manager
IDA receives 37 applications for coal-fired cement factories
Ministry of Industry issues 14 licenses
Ministry of Electricity delegation to sign 4 MOUs with Japan worth $8bn during Al-Sisi’s to Tokyo
The MOUs and financial agreements will aim to address Egypt’s energy needs through the establishment and renovation of power plants
Italy eyes energy projects in Egypt
Italian Minister of Economy Federica Guidi previously said Egypt is keen on attracting Italian investments
South Valley Cement to covert to coal for $19.5m cost
Regulations for the use of coal were outlined by former prime minister in April 2015
KarmSolar: The first company to receive permission to sell solar power
The Ministry of Electricity handled the process cooperatively, says KarmSolar CEO
BP broadens stake in Egypt’s West Nile Delta project
Company acquired 22.75% in the North Alexandria concession as well as 2.75% in West Mediterranean Concession
Government discusses Chinese president visit, energy, transport projects
Meeting also tackled ongoing energy projects and government investments in upcoming fiscal year