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

Mehleb inaugurates AOI’s PV solar panels production line
The organisation is currently preparing for the establishment of a 50 MW solar plant in Beni Suef

New Tiba-Qena road lighted with solar energy
Solar energy plant starts operations with capacity of 90 KW in New Tiba City

Solar Impulse II introduced in Cairo
The aeroplane is entirely powered by solar energy, and has started its first-ever 35,000 km journey around the world in March
Renewable energy investments promising for Egyptian, foreign companies: TAQA Arabia Executive Chairman
TAQA Arabia has alliances with US and Greek companies to set up two plants with 150 MW in electrical capacity

35 allied investment groups request land for projects
A total of 35 allied investments groups are proceeding to apply for lands to launch projects. Egypt has 136 sites for renewable energy projects, with 87 for solar energy and the rest for wind energy, El-Sobky added.

$45bn for Egypt’s new, renewable energy sector: Investment Minister
Government seeks to resolve land shortage, foreign currency crisis, with both still being studied by Economic Group, says Salman

Sunergy Tech, Spanish company negotiate in Egyptian renewable energy projects
The company began its activities in the Egyptian market in 2013.

Summit investments and agreements total $38.2bn: Salman
MoUs total $92bn, minister says

Egypt predicted to be among major G-20 economies: The District CEO
I aim to bridge the understanding and the inclusion of small and medium enterprises [SMEs] in the Egyptian market:
Actis launches pan-African renewable energy platform in Egypt
Actis deploys over $1.9bn in 27 energy transactions, totalling 14gW across 21 countries

EGP 20m allocated to convert 6 hotels in Marsa Alam to new, renewable energy: Tourism ministry adviser
Minister of Tourism working to convert hotels and resorts to new and renewable energy to overcome Egypt’s energy crisis

Access Infra to invest $400m in Egyptian solar, wind energy stations
Company negotiating with Egyptian entities to enter alliances, considering bank offers
Saudi Shaheen Group invests EGP 500m in Egypt
Group Chairman says these investments will be directed to agricultural and solar projects

Infrastructure key component in Egypt’s economic drive: Nassef Sawiris
Nassef Sawiris, business tycoon and CEO of OCI N.V elaborates in an interview with Daily News Egypt on the company’s investment plans in Egypt, and how the company can contribute to overcome the challenges in the country You’ve previously stated that OCI will seek investments in the energy and infrastructure sectors. Is the company …
EFG Hermes acquires 49% stake in French wind energy firm in $208m deal
Deal is EFG Hermes’s second investment in green energy in last 12 months

Government to offer bids to generate 8GW from coal and renewable energy: Salman
The government hopes to offer two tenders to generate 8GW of electricity from new and renewable energies, said Minister of Investment Ashraf Salman on Tuesday. He added that there are also plans to construct power stations operating on coal during the fiscal year (FY) 2014/2015, in order to meet the country’s growing electricity needs. A …

As much as 20% or more of Egypt’s energy could be solar: Consilio CEO
Solar energy is a supplemental source as it requires subsidies and storage to meet peak hours

Feed-in tariff for new and renewable energy to be announced within weeks: El-Araby
Ministry of Finance may act as guarantor between investors and Ministry of Electricity to ensure continuous power supply

Three companies request approval on new energy, tourism projects: GAFI chairman
Three companies have requested approval for renewable energy, tourism projects worth EGP 1bn
Government begins reviewing bids for renewable energy projects
The government has begun reviewing offers submitted by private companies to carry out renewable energy projects in Egypt, said Minister of Electricity Mohamed Hamed Shaker. Shaker added that the four main criteria on which the offers will be judged are seriousness, technical capability, financial solvency and previous experience. The move comes as part of state …

Government allows private sector participation in renewable energy production: Electricity minister
Ministry of electricity seeks to address the electricity crisis by diversifying production sources to include solar and wind energy

Consilio Group plans $100m investment in electricity production from solar energy
Recurring electricity outages over the past three years due to a shortage in natural gas and diesel have prompted the government to search for energy alternatives, including solar power.
Timetable set to reclaim 40,000 acres from Western Desert: Ministry of Agriculture
Minister of Agriculture and Land Reclamation Ayman Abu Hadid recently announced that the ministry is planning to reclaim 40,000 acres in the Western Desert. During his meeting with ministry officials, Abu Hadid stressed the importance of using renewable energy sources in the process, citing plans to use irrigation tools operating via solar energy. Abu Hadid …

Egyptian Junior Business Association to develop renewable energy
The conference, organised by the Egyptian Junior Business Association in cooperation with the environment compliance office and under the framework of the “Alashan Bokra” (For Tomorrow) initiative

Institutional reform needed to end Egypt’s power woes: Markaz
Poor infrastructure, lack of technological expertise is causing “widespread transmission and distribution problems”, Markaz Kuwait Financial Centre reports

Black market revenues of petroleum products total EGP 30bn
Former petroleum minister discusses issue in a meeting with the government

New and Renewable Energy summit held in Cairo
Government should turn to using renewable energy and start energy stock exchange, says president of energy committee

Ministers of Petroleum, Energy and Electricity inaugurate energy summit
By 2020, government aiming to meet 20% of the country’s energy needs using wind, solar and other renewable power sources

Egypt’s renewable energy draws interest, but little progress
The wind-farm project is estimated to cost around $580m according to Al-Arabiya Satellite Channel. However, official Egyptian sources could not confirm the size of investments of the prospective project given that it is in its “early stages at the moment”.