Latest in Tag: renewable energy Highlight
Latest in Tag: renewable energy

BII interested in green hydrogen, renewable energy projects in Egypt
The company is considering financing a number of green hydrogen projects during the coming period

UAE’s AMEA Power to establish 2 renewable energy plants in Egypt with $1.1bn investments
Diverse group of world’s most prominent financial institutions participate in financing two projects

EIB Global, AllianzGI plan to invest $100m in renewable energy projects
Fund will finance renewable energy projects in the Middle East, North Africa, Eastern Europe. and Central Asia

Renewable energy storage a priority to ensure flexibility, balance, needs: IRENA
We support Egypt in the transition to clean energy: Director-General

Investments worth $4trn required annually in renewable energy projects: Mahmoud Mohieldin
Mohieldin said that the national development projects are essential for the sustainable development plans in the coming period; adding, this is what the Egyptian state has achieved so far through implementing its Decent Life initiative set to be completed by the end of 2024. According to him, the political leadership in Egypt has previously announced that the program serves sustainable development and climate change dimensions in rebuilding villages and cities.

Egypt allocates 5,200 sqkm of land for renewable energy projects
The NREA seeks to utilize the allocated lands before launching new projects. The timeframe for these projects is 8 to 10 years, within the framework of the government’s plan to expand clean energy projects.

Egypt, EU discuss cooperation in renewable energy sector
The meeting discussed the momentum of relations between Egypt and the EU in various political, economic, and trade fields, and the importance of building on that momentum to support cooperation in the fields of energy, climate change, environment, and green transformation.

WB looks forward to increasing partnership with Egypt in electricity, renewable energy
During the meeting, the WB delegation gave a presentation on the topics of the future partnership between the bank and the electricity sector and renewable energy, including the connection with Greece, as well as increasing the linkage capacity with Jordan, in addition to green hydrogen, and the steps related to carbon emissions.

Norwegian company supports Egyptian factories to operate with renewable energy
The Norwegian company, in cooperation with its partner EPC – Gree Solar, announced the beginning of the construction of the first phase of a rooftop solar plant with a capacity of 4.5 MW for Smart Paper.

Government explores possible mechanisms for financing renewable energy projects
During the conference organised by the American Chamber of Commerce, the Minister of Environment stressed the continuation of government discussions, led by Prime Minister Mostafa Madbouly, to shift towards a green economy and to discuss challenges as well as ways of cooperation and proposals with various parties to achieve this transformation.

Egypt’s renewable energy in 2021 amounts to 24,000 GW/h
Renewable energy projects under development have total capacity of 3,570 MW, with $3.5bn investments

Al-Sisi, Norwegian Scatec chief explore cooperation in renewable energy, desalination
Meeting addressed localisation of water desalination technology, as well as new and renewable energy projects

KfW Development Bank delegation to visit renewable energy projects in Suez, Zafarana
Bank discusses ways to finance green hydrogen production projects in Egypt

Egypt’s President Al-Sisi directs for maximised use of renewable energy
Electricity Minister also reviewed national projects from renewable energy in electricity production sector

UK businesses explore investment opportunities in Egypt’s renewable energy sector
‘One of our main trade priorities this year is engaging private sector on sustainability agenda in lead up to COP26,’ says British Ambassador

AAIB lends Libra Capital EGP 200m to finance renewable energy purchase agreements
Agreements cover design, financing, installation, and operation of solar energy stations

Al-Sisi asserts Egypt’s keenness to attract FDI for renewable energy
Discussions with Belgian companies underway on cooperation to produce green hydrogen for power generation

Anode-free zinc battery prototype produced that could someday store renewable energy
Battery showed high efficiency, retaining 62.8% of its storage capacity after 80 charging and discharging cycles

Egypt launches 416 renewable energy projects worth EGP 95.6bn in two years
Hala El-Said said that major renewable energy projects included 32 photovoltaic solar power stations in Benban, Aswan, with a total capacity of 1,465 MW

Egypt negotiates for 1,000 MW renewable energy projects: Electricity Minister to DNE
Mohamed Shaker said that new wind farms, solar plants to add 2,400 MW by 2022, bringing total renewable energy capacity in Egypt to more than 6,378 MW

EBRD, TAQA Arabia promote private-to-private renewable energy in Egypt
Loan of up to $10m to TAQA PV for Solar Energy’s projects

Egypt, Denmark explore renewable energy investment opportunities
Shaker said that the Egyptian government has made great efforts to overcome the difficulties and challenges that the country’s electricity sector has faced in the last period. Serious efforts have been made at all levels, and with the help of the country’s development partners.

Wind farms revive renewable energy investors’ aspirations: Media Avenue round table
Participants in discussions are demanding speeding up of procedures and for laws to be passed

Media Avenue to launch roundtable on renewable energy 28 September
The roundtable will discuss the private sector’s vision, in line with government efforts, on accelerating growth rates in new and renewable energy, particularly wind energy.

Egypt, Denmark partner in green transformation, renewable energy
Egypt has given top priority to improve lives of its citizens, whilst pushing them towards realising their full potential

Renewable energy comprises 20% of Egypt’s total electricity: Electricity Minister
Egypt has faced significant challenges in securing its electricity needs, which affected investment in previous years

Egypt to launch new renewable energy projects by year-end: Electricity Minister
‘We received offers to buy energy at 2.45 piasters from solar power plants, 3 piasters from wind farms,’ says Shaker

Middle East, Africa renewable energy investments slip 8% in 2019
Egypt, Morocco, Jordan most active North African renewable energy markets with $15.7bn invested over five years

Michael Moore presents scathing attack on renewable energy
Controversial documentary maker presents new film climate film to mark 50th Anniversary of Earth Day

Egypt considers implementing 6.3GW renewable energy projects
Private sector companies apply for launching 2.75GW power plants, says Khayat