President Abdel Fatah al-Sisi received Monday CEO of Scatec Terje Pilskog holding talks on the projects carried out by the company in the fields of renewable energy and green hydrogen.
Egypt’s Samcrete was awarded two contracts valued at €36.6 million to build new sewage networks and pump stations in Fayoum and Al Kharafi will design and build a new wastewater treatment plant with a 35k cbm/d capacity in a €23.9 million contract.
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba held a meeting Wednesday with the representatives of Mytilineos Holdings.
Egypt is expected to become Africa's top wind power generator by 2030, according to the Information and decision support center affiliated with Egypt’s Cabinet.
Some 4,000 kilometers in Upper Egypt are allocated to power-generating solar and wind stations, an official source in the Ministry of Electricity told Egypt Today Monday.
Additionally, the minister cited decreasing the price of renewable energy to $2.3 cents for one kilowatt (kW) of solar energy and $2.4 cents for one kilowatt (kW) of wind energy – lowest prices globally – and the exempt released earlier this year for solar energy projects, as great incentives for investors in the sector.
Chairman of the General Authority for Free Zones and Investment (GAFI) Hossam Heiba met Wednesday with Manager of Invest India Aprajita Saini.
Egypt’s President Abdel Fattah El-Sisi ordered on Saturday continuing the implementation of national plans related to enhancing the role of renewable energy, the Presidency said in a statement.
The diplomat had a meeting with Kadri Simson, the EU Commissioner for Energy, Belgian Energy Minister Tinne Van der Straeten and a host of key officials of the EU and Belgian energy companies.
The Ministry of Electricity and Renewable Energy has been working to provide diverse services to citizens using the one-stop shop system, and a unified visual identity for all Customer service centers branches.
Hiroshi pointed out that Japan cooperated with the Egyptian government in setting up an excellence center and provided 20 experts from JICA for training administrative cadres.
Minister Shaker noted that renewable energy will be a source of income for Egypt like oil over the next few years.
It spans over 3,312 square kilometers, and has almost 100,000 dwellers.
The signing took place between the fund and nine developers on the sidelines of COP 27 hosted by Egypt in Sharm El Sheikh.
Egypt is the second, largest country in solar energy production in Africa, according to an infographic, published by the center Tuesday.
Minister Shokry underscored the necessity of investing in new energy that should be clean, cheap, and sustainable.
The amount of the increase is 4,627 gigawatts.
They met on the sidelines of COP 27.
This took place on the sidelines of the meetings of the 27th Conference of the States Parties to the United Nations Framework Convention on Climate Change (COP27), held in Sharm El-Sheikh.
In July, Egypt's Ministry of Electricity and Renewable Energy, and UAE's Masdar and ADNOC signed an agreement to build the farm.