Tag Archives: Egypt

Egypt signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant

The Ministry of Electricity completed the final contract with the consortium of GDF Suez, Toyota, and Orascom to establish a wind power plant project with a capacity of 250 MW in the Gulf of Suez next month. The ministry agreed with the triple alliance to purchase energy produced from the plant, according to a senior … Continue reading Egypt signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant

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Wind energy in Egypt: Gamesa wins EPC contracts for two wind farms

Gamesa will install 80 of its G80-2.0 MW wind turbines in the Gabbal El Zayt region, located along the Red Sea coastline. Gamesa, a global technology leader in wind energy, has secured two new EPC orders for the construction of two wind farms in Egypt. The facilities will have combined capacity of 160 MW and … Continue reading Wind energy in Egypt: Gamesa wins EPC contracts for two wind farms

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Africa’s largest wind farm inaugurated in Egypt

  The wind farm cost US$359mn and has been financed by the European Union (EU), Germany’s KfW and the European Investment Bank (EIB). With a 100 turbines, the wind farm generate up to 800MW per year, which could aid around 50,000 people with power. Additionally, it can also contribute to preventing the emission of nearly … Continue reading Africa’s largest wind farm inaugurated in Egypt

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Expanding investments in wind energy and solar power can free up Egypt’s carbon energy

Expanding investments in wind energy and solar power can free up Egypt’s carbon energy, reduce fiscal spending and create job, said a report released by consultancy PWC here on Sunday. For the biggest Arab country with a population of 86.9 million, its oil and gas reserves are a two-edged sword and developing renewable energy will … Continue reading Expanding investments in wind energy and solar power can free up Egypt’s carbon energy

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North Africa sees surge in large-scale wind power projects

The Wind Power North Africa Conference is taking place from 18 – 21 October 2015 in Cairo, Egypt, to enable private and government stakeholders to discuss key upcoming wind projects and strategies to drive growth in the North African wind power market. North Africa boasts exceptional wind energy conditions. Egypt aims to generate 7.2 gigawatts … Continue reading North Africa sees surge in large-scale wind power projects

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Building Energy wins its first solar power project in Egypt

Building Energy, an Italian independent power producer from renewable sources, announces the signing of a MoU with the New & Renewable Energy Authority (NREA) for two 50 MW photovoltaic plants in Benban, Upper Egypt. The 200-million-dollar project was awarded by the New & Renewable Energy Authority of the Ministry of Electricity & Renewable Energy of … Continue reading Building Energy wins its first solar power project in Egypt

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IFC promotes financing for renewable energy projects in Egypt

IFC, a member of the World Bank Group, and the Egyptian Banking Institute co-hosted a workshop in Cairo to highlight the investment opportunities emerging in Egypt in renewable energy, promote financing for such projects and encourage best practice in the field.   The pioneering one-day training session, supported by the Danish Government and held in … Continue reading IFC promotes financing for renewable energy projects in Egypt

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El Sewedy Electric to develop solar power plant in Upper Egypt

Egyptian President Abdel Fattah al-Sisi told an Abu Dhabi energy conference in January that Egypt aimed to build solar and wind energy plants over the next three years with the aim of producing 4,300 megawatts.   Egyptian cable maker El Sewedy Electric said on Sunday it had entered into an agreement to develop a 50 … Continue reading El Sewedy Electric to develop solar power plant in Upper Egypt

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860 megawatts of wind energy and solar power in South Africa, Egypt and Ghana

Lekela Power, a 60:40 joint venture between Actis and Mainstream Renewable Power, launched in February of this year already has 860 megawatts of wind and solar projects under construction or due to commence construction next year across South Africa, Egypt and Ghana. Lekela Power is one of the biggest international platforms focused on renewable energy … Continue reading 860 megawatts of wind energy and solar power in South Africa, Egypt and Ghana

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Siemens inks 600 wind turbines and an installed wind power of 2 GW deal with Egypt

Siemens signed an 8 billion euro deal ($9 billion) with Egypt on Wednesday to supply gas and wind power plants to boost the North African country’s electricity generation by 50 percent. The deal, signed during an official visit of Egyptian President Abdel Fattah al-Sisi to Germany, is Siemens’ single biggest order and gives a much-needed … Continue reading Siemens inks 600 wind turbines and an installed wind power of 2 GW deal with Egypt

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Wind energy in Egypt: Siemens to build Wind Turbines Blades Factory

Egypt’s state-owned New and Renewable Energy Authority (NREA) plans to start construction works on the country’s first factory to produce wind turbines blades soon, chairman Mohamed Salah ElSobki announced Monday.   The Egyptian official further clarified that the project would be built in cooperation with German industrial group Siemens, with total investment cost of US$100 … Continue reading Wind energy in Egypt: Siemens to build Wind Turbines Blades Factory

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AfDB may offer $400m to Egypt wind power project

The African Development Bank Group (AfDB) is considering providing $400 million for the development of a wind power project in Egypt. The project which will have a public-private partnership requires a total investment of $1.5 billion, according to the Amwal Al Ghad magazine report. The wind farm backing will represent a portion of AfDB’s planned … Continue reading AfDB may offer $400m to Egypt wind power project

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Abengoa signs a MoU with Egypt to cooperate in the development of the national Concentrated Solar Power

This MoU sets cooperation terms for the development of dispatchable concentrated solar power plants, in particular Solar Thermal Electricity (STE), in Egypt. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, signed today a Memorandum of Understanding (MoU) with the New and … Continue reading Abengoa signs a MoU with Egypt to cooperate in the development of the national Concentrated Solar Power

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Access Power agrees Egypt solar power plant deal, in talks for wind energy scheme

Access Power said on Wednesday it had agreed a deal with Egypt’s government to build a 65 megawatt (MW) solar power plant and was in talks for a wind power scheme in the North African country which would generate 50 MW of power.   The developer and operator of power projects in the Middle East … Continue reading Access Power agrees Egypt solar power plant deal, in talks for wind energy scheme

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Wind energy in Egypt: Gamesa wind turbines for turnkey construction of a 220-MW wind farm

Gamesa has signed a new contract for the turnkey construction of the Gulf of El Zayt wind farm on the Egyptian Red Sea coast, where it will install 110 of its G80-2.0 MW turbines (220 MW). This project, which was awarded by the NREA (New & Renewable Energy Authority) by means of an international tender, … Continue reading Wind energy in Egypt: Gamesa wind turbines for turnkey construction of a 220-MW wind farm

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Wind energy in Egypt: Siemens produce wind turbines for the wind power sector

“Wind power is clean and renewable, and will strengthen Egypt’s energy security at this important point in its history. Adding two gigawatt will be a significant step towards diversifying the country’s energy mix”, said Markus Tacke, CEO Siemens Wind Power and Renewables Division. “Egypt has great potential for wind power generation, especially in the Gulf … Continue reading Wind energy in Egypt: Siemens produce wind turbines for the wind power sector

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Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

President Abdel Fattah al-Sisi said that Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts.   Egypt signed a memorandum of understanding with global energy groups to generate electricity using solar power in a bid to face increasing demand for energy, … Continue reading Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

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Masdar, Acwa to build photovoltaic solar power plant in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. As per the deal, Masdar, Abu Dhabi’s multifaceted renewable energy company, would lead development of renewable energy projects. The … Continue reading Masdar, Acwa to build photovoltaic solar power plant in Egypt

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Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW

Siemens CEO Joe Kaeser told that the deals were signed Saturday after negotiations with President Abdel-Fattah el-Sissi, “who drove a hard bargain.”   “It will create 1,000 jobs and we’re ready to start as soon as possible,” he said. “We’ve been doing business here for over 110 years so we’ve seen crisis come and go… … Continue reading Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW

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Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa

During inaugurating of the facility, Shaker said that the plant is to produce 10 megawatts of electricity.   “It contributes to meeting Siwa’s energy needs and will boost social and economic development in the oasis,” the Minister said. He hailed the UAE’s support for Egypt in all fields, asserting the deeply-rooted ties between both countries. … Continue reading Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa

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