Latest in Tag: solar power Highlight
Latest in Tag: solar power

Orascom Development invests EGP 97m in solar power plant in El-Gouna in cooperation With SolarizEgypt
The solar plant covers an area of 245,000 sqm with investments worth EGP 97m, producing 14 GWh annually.

10 GW/h solar power plant was inaugurated in Ain Sokhna
The project was implemented through a partnership agreement between Jushi and Inara Capital, a leading renewable energy company, which is one of the economic zone’s partners in green hydrogen projects.

Egypt to launch tender for 280 Kw solar power plant at Sharm El-Sheikh Museum next week
A source in the government told Daily News Egypt that the project’s contracts will be awarded within a week, with the aim to start operation by November when Sharm El-Sheikh hosts the climate summit (COP27).

Electrolux, SolarizEgypt join forces to build solar power plants
Electrolux, SolarizEgypt join forces to build solar power plants

Egypt cancels tender to establish 200 MW solar power plant in west Nile
Informed sources told Daily News Egypt that the EETC has already informed the 13 companies, which had qualified to bid for the project, of its new decision.

Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC
Remaining sums most likely to be paid on instalments, according to industry sources

Hero MEA establishes solar power station to ration electricity consumption
Corporation invested about 75% of project’s total cost, says Bazan

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

Solar power plants’ auction scheme to be ready in August
Sources at the ministry of electricity told Daily News Egypt that the IFC will set the controls and the mode of presenting the offers and their assessment, given that the auction system will be implemented in Egypt for the first time.

Solar power in a bottle brings light to remote communities in Brazil
Renewable technology is bringing light into the lives of Kalunga people, descendants of slaves living in remote communities in Brazil. Now, solar powered lamps made from recycled bottles are extending their evenings.SĂŁo Domingos' church is the most modern structure in a village otherwise made up of traditional adobe buildings. Its size means it also serves …

Egyptian-Chinese alliance offers to sell solar power to BMIC
$80m investments to be injected in project, ADB approves fund

Solar power plant saves EGP 10,000 per month on electricity bill
Capacity is equivalent to planting 12,900 trees, cuts emissions by 129 tonnes

Egypt aims to produce 5,651 MW of renewable energy by 2022
Arab, international companies’ contributions to Egypt’s solar, wind power stations reached 93.9%

Fas Energy considers establishing $420m worth solar power, recycling projects
Company invested $100m in feed-in tariff projects that will be completed by next year

Italy’s Eni seeks to obtain electricity production license
Company plans to implement solar power projects worth $300m next year

Enara to complete 3 solar power projects in Benban by Q1 2019: CEO
Operating power projects costs $200m, on net-metering system, independent production

EEG to issue qualified companies’ list to establish West Nile solar power in September
New and renewable energy authority grants operator right of use for 25 years

KarmSolar, El Badr for Investment and Commercial Spaces sign 20MW solar power agreement for Arkan Plaza to run 100% on solar energy by 2021
KarmSolar signed a deal with El Badr for Investment and Commercial Spaces to generate and distribute solar power to Arkan Plaza, in El Sheikh Zayed on Thursday. The deal includes a commitment by KarmSolar to build solar stations of a total of 20MWs by 2021, converting Arkan Plaza to run 100% on solar energy. The …

Solar power companies fear distribution companies’ control over station installation
NCEDC obtained license from NREA, began implementing projects

Egyptian government buys EGP 10m worth of solar power from 129 individuals, companies
Electricity distribution companies paid EGP 10m to 129 individuals and small companies in return for electricity they produced from their solar panels until the end of last December, as part of the feed-in tariff programme. According to the Ministry of Electricity, the producers received cheques every three months, and the last one was issued last …

NREA negotiates with 5 banks to obtain EGP 1bn revolving loan
The New and Renewable Energy Authority (NREA) is currently in talks with five local banks to obtain a revolving loan worth EGP 1bn to finance solar power projects with capacities of less than 500 kW. Sources from the NREA said that it is negotiating with Banque Misr, the National Bank of Egypt (NBE), and the …

Solar power companies race time to complete financial closure
26 days remaining, demands to extend 2 more weeks

Benban hosts Egypt’s largest solar power project
For years, Egypt has invested millions to modernise and expand its power capacity and networks. The country has recently been focusing on the expansion of renewable energy projects to meet increasing power demand, diversify the national energy resources, and protect the environment. Although the country’s average level of solar radiation throughout the year is between …

NREA provides SkyPower 14 sqkm west of the Nile to establish solar power plants
Investments for 600 MW power plants amount to $500m

4 Companies offer providing services for solar energy projects in Aswan
List includes G4S, Motahida, Gridtech, and Alamiya

Investors seek to acquire solar energy projects in feed-in tariff
Prices range between $2m and $5m per company, decided based on the volume of studies and licensing

Rebat Systems studies feasibility of establishment of solar power projects
USAID and EU finance the implementation of the project, says Moustafa

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

Philips aims to expand its presence in Egypt’s market through new partnerships
Philips is working to employ LED street lighting technology across Egypt, says the company’s country manager for north and east Africa

Solar Impulse 2 lands in Cairo 17 years after pilot envisioned it
Pilots André Borschberg and Bertrand Piccard circled the aircraft over the pyramids before landing at Cairo International Airport