A positive outlook for renewable energy investments in Egypt
Energy needed for 1.5m-feddan reclamation project estimated at 2GW: Al-Sobky
Latest in Tag: New and Renewable Energy Authority Highlight
Latest in Tag: New and Renewable Energy Authority
Egypt to impose quality control on solar equipment importers starting 23 October
Importers to conduct product testing at NREA for maximum EGP 40,000 per container
Solar market rebounds despite lack of funding, awareness
A total of 332 small power plants were connected to the national grid, outputting 23.5MW
Egypt fixes tariff for solar power plants usufruct rights at 2% of production
Six companies approached signing of contracts with governorates to establish stations worth $400m
Authority will become ‘Sustainable Energy Authority’, will be holding company for asset management: NREA chairperson
Mohamed El-Khayat, chairperson of the New and Renewable Energy Authority (NREA), said that the authority is seeking to adjust its structure in order to cope with the requirements of the current period, as it has been decided that the company will be divided into two entities. The first will be named “Sustainable Energy Authority” and …
25 companies close to complete financial closure of solar energy projects
Mohamed El-Khayat, Chairman of the New and Renewable Energy Authority (NREA), said that 25 companies are close to complete the financial closure of solar energy projects in the second phase of the feed-in tariff system. He told Daily News Egypt that the indicators of the projects look very promising, where 22 companies signed the land …
20% target of renewable energy sources remains following flotation: NREA head
The target for 20% of Egypt’s power requirements to be generated from renewable sources will remain unchanged following the flotation of the Egyptian pound, according to Mohamed El-Sobky, head of the New and Renewable Energy Authority (NREA). El-Sobky hopes the flotation will not affect investors’ desire to invest in Egypt. He added that the new …
Electricity Ministry to repay dues of companies that withdrew from FIT projects by end of month
Purchase agreements to be signed with those who were tied by first-stage regulations within 20 days
Electricity Ministry discusses financing 2nd phase of feed-in tariff with international institutions
Top financing banks include IFC, EBRD, GIZ, EIB, and AFDB
New, renewable energy fields are attractive investment fields in Egypt: NREA chairperson
Cabinet is currently reconsidering the purchase of renewable energy equipment from the private sector
NREA targets projects worth 12bn euros over 7 years: El-Sobky
NREA will put to tender new solar plants and wind farms with the capacity of 500 MW by end of December
NREA aims to secure €180m for Siemens wind farm
Siemens will also establish a factory for the production of wind turbine blades with self-financed investments of €100m
NREA calls on Benban investors to obtain new licenses from military
Maximum waiting period for approval is three months, cost has yet to be determined
NREA offers tenders for solar, wind energy plants within weeks
Resumption of executive procedures of Siemens projects with capacity of 2,000 MW, says Sobky
Building Energy signs $200m project for 2 50 MW solar plants in Egypt
The project’s construction will start in summer 2016 and will take 12 months, creating over 1,000 jobs
Summit investments and agreements total $38.2bn: Salman
MoUs total $92bn, minister says
Minister of electricity seeks to fulfil 20% of energy needs using renewable sources by 2020
Agreement signed between New and Renewable Energy Authority and Arab Organisation for Industrialisation
Government guarantees two huge electricity projects
Electricity projects are expected to be funded by private sector investments via the build-operate-ownership system