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

Delay in honouring agreements, bureaucracy, threatens investments in renewable energy
Projects worth $15bn postponed for 5 years due to discussions, negotiations

Low price good indicator of attractiveness of projects in Egypt: Salmawy
Providing electricity with fixed tariff, competitive price of highest quality, says Zahran

Electricity Ministry sets maximum price of renewable energy at 2.5 cents per kWh
Five Arab, international companies compete to implement projects

Egypt progresses towards benefiting from renewable energy
Promising country regarding solar power due to long hours of sunshine

Voltalia plans to invest $800m in renewable energy projects in Egypt
We aim to establish solar power plants, wind farms with capacities up to 800 MW, says regional director

Triple M Construction plans to supply 1,000 remote homes with new, renewable energy
Company created a hybrid system that operates 24 hours a day in places that are not connected to national grid

Inara aims to implement projects worth $300m in 5 years
Company cooperating with Chinese companies to implement stations in Egypt, Africa

EGP 24bn allocated to revamp Egypt’s electricity grid: Electricity Minister
Ministry reconsiders increasing renewable energy share to 42% by 2035

‘Renewable Energy’: Lightening the path to future
The Maulana Azad Centre for Indian Culture of the Embassy of India in Cairo organised the 15th edition of MACIC Roundtable, a monthly seminar series involving youth, academics, culture lovers, and civil society on issues of mutual interest to India and Egypt. The primary focus of the roundtable was to discuss, analyse, and share the …

Nasr, Shaker inaugurate Mediterranean union investment forum of renewable energy
Electricity Ministry reforms in energy field, including feed-in tariffs, attract the investors to invest in renewable energy, says Nasr

Coal can help address challenge of intermittency in renewable energy supplies
GE installed more than 150 gas and steam turbines in Egypt generating 15.5 GW of power

EIB provides €920m of finance to Egypt’s traditional, renewable energy since 2011
EIB welcomes the country’s actions to make reforms that have long term objectives, says Vice President

$210m to finance renewable energy project in Egypt: AIIB
The project increases Egypt’s generation capacity so it can export energy during peak hours: AIIB vice president

EBRD grants Egypt $ 352.3 m for renewable energy projects
renewable energy projects total cost is estimated at US $ 1b

Ocean Waves is a new resource of renewable energy
Every day, scientists are working to find new sources of renewable energy. The sun and the wind are now kind of conventional resources. Now, scientists have started to study the moving waves of the oceans and the seas around the globe, and they realised that this could be a tremendous source of renewable and green …

Renewable energy & socioeconomic changes
Stepping into the era of renewable energy (RE) will bring forth big socioeconomic changes all over the world. It will introduce a new industry and new means of living to all sorts of people. Those having vocal skills will work on the projects, operations, and all supported industries, such as agriculture and transportation. But the …

Ministry of Tourism reconsiders proportion of new energy and renewable energy projects built on its territory: Emad Hassan
New and renewable energy in file stopped completely due to the difficulties facing investment in the field

Ministry of Electricity presents new and renewable energy projects situation to cabinet
Companies call for amending feed-in tariff, reducing land use by 1%, abolishing value of cost-sharing agreement

The launch of new and renewable energy projects in 2017
Companies confirm the attractiveness of the investment sector and demand additional incentives and acceleration in the proceedings

Fichtner reviews agreement of purchasing energy from investors
The German consultancy firm to conclude the review of contracts in three weeks; contracts to be sent to investors by late January 2017

Renewable energy investors call for presidential intervention
100 international companies willing to invest $15bn if government expedites investment procedures

30 international and local banks prepare to finance renewable energy projects with $3bn
All banks have agreed to lend to companies in the second phase of the feed-in tariff, says Youssef

10 banking institutions agree to finance 2nd phase of renewable energy projects
Solar and wind energy projects must be financed primarily from foreign financing resources

Egypt to save $1tn through establishing solar thermal power plants by 2050: El-Nokrashy
The president is excited to establish renewable energy projects, considering them future of development

New total of 19 companies withdraw from renewable energy feed-in tariff projects
The companies Wadi Degla and Nubian are the latest to withdraw from solar energy projects

Government to discuss raising tariff on biofuel next week
Committee suggests price ranging between EGP 1.02-1.08 per KW/h

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 …

New, renewable energy companies demand higher feed-in tariff value due to flotation
Investors expect losses to reach 35% in the second phase of the electricity projects

Contracting companies raise civil works fees for renewable energy investors by 100%
Investors re-examine the feasibility of feed-in tariff projects after floating the pound

Renewable energy companies begin feed-in tariff 2nd phase negotiations
5 banking institutions, including IFC, EBRD, and EFD agree to finance projects