Renewable Energy

SK Ecoplant, CSCEC cooperate to build $2B green hydrogen project in Egypt

Sun, 03 Mar 2024 - 11:48 GMT

The project will involve investments worth $2 billion, according to a statement from SK Ecoplant. The companies aim to have the project fully operational by 2029

Egypt committed to diverse energy portfolio and renewable energy, Petroleum Minister

Wed, 14 Feb 2024 - 01:54 GMT

El Molla outlined Egypt's revised goals for national emissions reduction contributions, aiming to expand the country’s use of green energy and achieve a 42% integration of renewable energy into the energy mix by 2035

Egypt adopted 144 reforms to support the private sector since May 2022: PM

Mon, 12 Feb 2024 - 03:27 GMT

Madbouly said more than 1,000 private sector companies that take part in national programs which will help improve the Egyptian economy on all levels

EU accounts for 27% of Egypt’s total trade: Commissioner Varhelyi

Wed, 24 Jan 2024 - 05:25 GMT

The meeting, co-chaired by High Representative Josep Borrell and Egyptian Foreign Minister Sameh Shoukry, focused on the success of the Economic and Investment Plan, which aims to mobilize €9 billion in investments for critical areas such as food, water, and energy

Ministry of electricity, NDB strengthen cooperation across Egypt's energy sector

Wed, 17 Jan 2024 - 03:10 GMT

During the meeting, Kazbekov expressed the NDB's keenness to expand investments in Egypt and foster closer collaboration between the bank and the electricity sector

Egypt to set up green data center fueled by solar, wind energy

Thu, 11 Jan 2024 - 02:46 GMT

The implementation of the project will take place within privately operated free zones and will be executed over two phases

UNICEF to implement water, sanitation projects in Upper Egypt over 3 years

Wed, 29 Nov 2023 - 11:36 GMT

The initiative is worth $2.5 million.

Expectations of an increase in global demand for metals by 2040: IDSC

Tue, 31 Oct 2023 - 11:07 GMT

The Egyptian Cabinet's Information and Decision Support Center (IDSC) issued a report Monday expecting that Egypt's transition to a renewable energy system will increase the demand for metals by at least four times by the year 2040.

Madbouly, EBRD president discuss opportunities to expand co-op in renewable energy

Thu, 26 Oct 2023 - 02:04 GMT

Emphasizing the strong relations between the EBRD and Egypt, Madbouly called on the bank to expand the scope of cooperation on renewable energy projects between the two

Minister: Integrating 126K megawatts of renewable energy into Egypt's grid cost $30 billion

Thu, 12 Oct 2023 - 09:21 GMT

Shaker added that an international consultant from Belgium was contracted to conduct a comprehensive study of the cost of supporting and developing the electricity transmission network in Egypt.

Decade of development: Remarkable transformation in Egypt’s electricity sector

Wed, 27 Sep 2023 - 01:38 GMT

Egypt has witnessed a remarkable transformation in the electricity sector and has become a role model for many countries, as exceptional achievements have been made.

Egypt introduces infrastructure in SCzone to localize 5 industries

Thu, 07 Sep 2023 - 03:07 GMT

President Abdel Fatah al-Sisi was briefed Thursday on the executive status of investments in the Suez Canal Investment Zone (SCzone).

Egypt could be looking to up Actis’ offer on Gabal El Zeit wind farm

Wed, 16 Aug 2023 - 02:13 GMT

The government and Actis commenced discussions on the sale following an announcement by Minister of Planning and Economic Development Hala El Said last month

$5B wind farm to be built by Norway's Scatec in Egypt to produce 5GW of electricity annually

Wed, 05 Jul 2023 - 12:59 GMT

The New and Renewable Energy Authority will secure a land plot for Norway's Scatec ASA to build a wind farm western Sohag as per an agreement they signed Wednesday.

Egypt aims to reach 60% of dependence on renewables by 2040

Tue, 04 Jul 2023 - 09:03 GMT

Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, confirmed that Egypt aims to reach 60 percent of dependence on renewable energy by 2040.

Egypt, India moving forward to boost trade exchange to $12 billion in 5 years: PM Modi

Sun, 25 Jun 2023 - 12:04 GMT

Indian Prime Minister Narendra Modi said Egypt and India are moving forward quickly to achieve the goal of boosting their trade exchange to $12 billion within five years, the Egyptian Cabinet said in a statement.

UAE's Masdar to build world's largest wind farm in Egypt at $10B

Wed, 07 Jun 2023 - 10:57 GMT

Prime Minister Mostafa Madbouli attended Tuesday evening the signing of an agreement between the Ministry of Electricity and Renewable Energy and the Abu Dhabi Future Energy Company (Masdar).

Egyptian president discusses with Scatec CEO in-progress projects

Mon, 15 May 2023 - 02:56 GMT

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.

Samcrete, Al Kharafi awarded contracts under EBRD’s Fayoum Wastewater Program

Wed, 03 May 2023 - 01:42 GMT

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.

Greece's Mytilineos Holdings aims for investing in Egypt

Wed, 29 Mar 2023 - 02:56 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba held a meeting Wednesday with the representatives of Mytilineos Holdings.