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
Continue readingIFC 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
Continue readingEl 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
Continue readingWind 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
Continue readingEgypt 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
Continue readingMasdar, 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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Egypt’s Sharm El-Sheikh to use solar power
Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts. The Egyptian government intends to use solar energy for all lighting in the resort city of Sharm el-Sheikh, which currently relies on solar energy for 70% of its lighting. Khaled Fouda, … Continue reading Egypt’s Sharm El-Sheikh to use solar power
Continue readingWind power in Egypt: new wind farm has 100 wind turbines
Egypt and Japan International Cooperation Agency (JICA) signed a contract on Thursday to set up a 200-megawatt wind farm in Gabal el-Zeit area in the Gulf of Suez at a total cost of EGP 1938.9 million. The project will be finalized in 35 months and funded by a soft loan granted by JICA, said … Continue reading Wind power in Egypt: new wind farm has 100 wind turbines
Continue readingEgypt to produce 20% of its energy from solar energy and wind power by 2020
An inclusive plan for energy subsidy reform is to be implemented within five years and includes protecting the poor, said Egyptian President Abdel-Fattah El-Sisi at the World Future Energy Summit (WEFS) in Abu Dhabi on Monday. The president travelled to the United Arab Emirates on Sunday for a two-day trip to attend the summit and meet … Continue reading Egypt to produce 20% of its energy from solar energy and wind power by 2020
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