Elsewedy, EDF France sign for $150M from EBRD for solar projects

Thu, 19 Oct 2017 - 10:01 GMT

With a total capacity of 750MW, total funding for solar energy projects amounts to $500 million.

Electricity Ministry will shift to auctions to encourage investment

Tue, 17 Oct 2017 - 01:16 GMT

By 2025, around 37.2 percent of Egypt's power will be generated from renewable energy resources, Shaker noted.

New solar plants to enter operations next month: NREA

Sun, 08 Oct 2017 - 12:20 GMT

A number of 32 solar developers have expressed interest in taking part in the FiT second round, NREA chairman says.

Renewable sector to grow robustly over next years: Moody’s

Fri, 08 Sep 2017 - 07:00 GMT

Renewable energy resources will see robust growth over the coming few years as several countries started to shift to clean energy.

Egypt’s energy sector recuperates as solar projects progress

Fri, 25 Aug 2017 - 09:00 GMT

Solar plants at Benban city of Aswan might be seen operating in 2018 as international financial institutions agreed to finance developers of FiT second round.

EBRD signs $623M renewable energy agreements in Egypt

Mon, 21 Aug 2017 - 01:15 GMT

First two 50MW solar plants under the second round of the FiT have secured finance from the EBRD at $116 million.

Saudi ACWA Power signs agreements for solar plants in Aswan

Tue, 08 Aug 2017 - 10:08 GMT

The three plants will reduce carbon dioxide emissions by 156,000 tons per year, secure power supplies to 80,000 households.