Latest in Tag: NREA Highlight
Latest in Tag: NREA

NREA hands over 2,500 km of land to other state agencies due to encroachments
Total 5,200 km of land allocated to energy projects after deducting encroachment

NREAâs ongoing renewable energy projects attract $3.5bn worth foreign investment
The projects are implemented by many international companies specialized in the field of renewable energy. The projects are under development, including 78% for wind power plants in the Gulf of Suez region, and 22% for solar power plants.

NREA issues tender for operation, maintenance of Gabel El-Zeit wind station
The NREA announced that a session to open the technical envelopes will be held on 11 October, with a further session to be held to discuss bidder inquiries next Thursday.

NREA, BELECTRIC to sign solar plant deal in Egypt within weeks
NREA is preparing to launch two solar tenders in Kom Ombo, Hurghada, says Mohamed Al-Khayyat

Egyptâs NREA, Denmarkâs Vestas to sign 250 MW wind farm contract
Wind farmâs implementation is scheduled to take place within two years

NREA considers 3.17 GW power projects
Power stations with 453 MW capacity being implemented, says El-Khayat

NREA collects EGP 1bn in arrears
Egyptâs clean energy production is up 24% in 2020, said Al-Khayyat

A positive outlook for renewable energy investments in Egypt
Energy needed for 1.5m-feddan reclamation project estimated at 2GW: Al-Sobky

NREA conducts 40 product tests of imported solar cells over two months
Decision to compel importers to demonstrate the quality of the products before they are traded has not yet been implemented: Source

NREA to decide on Vestasâ offer to establish Gulf of Suez wind farm before end-2019
The source said the projectâs capacity can be increased in case of securing larger funding.

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 signs 1.4GW energy purchase agreements with 32 companies: NREA
El-Khayatâs remarks came during âThe Transformation Toward Green Economyâ conference, which was held on Sunday in Cairo.

NREA holds first roundtable on renewable energy investment in Egypt
Authority receive requests to implement 10GW projects in feed-in tariff programme, says El-Khayyat

Importers of solar energy products required to prove their quality before trading next month
Maximum value paid by importer for each container EGP 40,000 to conduct all tests

NREA collects EGP 620m in arrears from local, international entities
90% increase in revenues by end of FY 2018/19

NREA compares offers from NARI, Vikram to establish solar plant in Zafarana
Authority to award projectâs contract to winning company next month

14.5% increase in electricity selling tariff from NREA projects
Electricity Ministry buys a kw/h from solar, wind energy plants for 55 piasters

NREA to launch tender for 20MW solar power plant in Hurghada in September
JICA to fund the project with $85m facilitated loan

NREA requests extra 3 months to examine bids for Gulf of Suez wind farm
Siemens Gamesa, Vestas, Senvion to approve request

NREA settles EGP 1.8bn of its 30-year-long accumulated debt
The Minister of Electricity and Energy, Mohammed Shaker, held a meeting with the NREA leaders to review the authorityâs measures to improve its financial situation.

Financial bids for tender solar station construction in Zaafarana to be received 25 July
Nari, Vikram, B Electric qualifiedâŠElecnor, TSK excluded

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

Egypt’s energy reforms paves way to private sector, attracts $2bn investments: Malpass
Benbanâs success can be replicated in transport, water, sanitation sectors, says WBG president

Benban solar park to be linked to national grid by September: NREA head
Finalising regulations of organising sale of electricity directly to consumers soon

NREA, Lekela sign usufruct agreement to establish wind farm
The New and Renewable Energy Authority (NREA) has signed a usufruct agreement with Lekela Power to launch a wind farm with 250MW capacity in Suez governorate. Chairperson of the NREA, Mohamed El Khayat, told Daily News Egypt that the company has received the land allocated for the project upon a usufruct agreement signed in Suez …

NREA should be separated from Electricity Ministry: CES founder
The governmentâs plan to turn Egypt into a regional energy hub is a good initiative, but needs two things, first enhancing the electricity grid with more substations to be able add more renewable energy projects, the second thing is having a clear regulatory framework to attract more investors to the local market and that can …

NREA postpones receiving bids on Gulf of Suez wind farm to February
Decision came upon request of two of bidding companies

NREA provides investors with âwind tariffâ to implement BOO projects
ACWA Power, El Sewedy, Alcazar Energy most prominent companies wanting to launch stations

NREA pays EGP 180m of debt to NIB
The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt that debts have been accumulating since 2007 and repayment was agreed to be rescheduled over 10 years starting this year. The NREA has thus paid …