Renewable Energy
Egypt's Ambassador in Abuja Mohamed Fouad has discussed in a meeting with Nigerian Energy Minister Adebayo Adelabu, ways of fostering the existing cooperation between the two countries in the fields of energy and electricity.
Ambassador to Berlin Mohamed al-Badr met earlier this week Prime Minister of Germany's Saxony State Michael Kretschmer.
A major focus of the discussion was the vital role that electricity and renewable energy play in bolstering Egypt’s economic growth while promoting long-term sustainability across the nation.
Minister of Immigration and foreign Affairs Badr Abdelatty began his visit to Brussels Sunday with a meeting with the general manager of the electricity linkage sector at Jan De Nul.
The project includes the creation of the Arab-Swedish Energy Factory (ASEF), an automated solar panel production facility with a capacity of 1 GW annually
The project, implemented by Suez Wind, is a private consortium jointly owned by ACWA Power and HAU Energy, with investments from EBRD, Hassan Allam Utilities, and Meridiam Africa Investments.
Minister of Electricity and Renewable Energy, Mahmoud Esmat, emphasized that providing high-quality, stable, and continuous electricity, along with supporting the development and modernization of the electricity transmission network, is a key priority for Egypt’s energy sector
The program aims to boost renewable energy production, reduce reliance on thermal power plants, and support Egypt’s National Climate Change Strategy 2050.
Prime Minister Moustafa Madbouli inaugurated on Saturday Abydos 1 Solar PV Park project in Kom Ombo in Aswan governorate.
The $1.1 billion venture has already garnered significant financial support, including $200 million from the European Bank for Reconstruction and Development (EBRD) and $170 million from the African Development Bank (AfDB).
The report indicates that new wind energy power plants are scheduled to be implemented, targeting their operation by 2030 with a capacity of 12,750 megawatts by the private sector.
Its capacity will be 100,000 tons per annum in the first phase that will be completed by 2030.
JA Solar will oversee the study phase, with investments projected at $138 million for the solar cell facility and $75 million for the solar panel factory, which will primarily serve local markets.
These agreements aim to establish a 5 GW floating solar power project on Lake Nasser and a 2.8 GW solar power project in Nagaa Hammadi, marking a significant step toward advancing clean energy infrastructure in both nations.
The agreement aims to study a groundbreaking 3.2 GW hybrid renewable energy project combining wind and solar power in the Suez Governorate to repower the Zafarana wind farm.
These agreements bring together the Egyptian Electricity Transmission Company (EETC), the New and Renewable Energy Authority (NREA), and Alcazar to initiate studies for a 2 GW wind power project.
Representing Egyptian President Abdel Fattah al-Sisi, Madbouly participated in a roundtable on energy and climate change mitigation, emphasizing Egypt’s target of 42% renewable energy in its energy mix by 2030.
During the opening session of the Mediterranean Energy Conference 2024, Badawi stressed the importance of collaboration in the energy sector, calling for increased exploration and investment to tap into Egypt's vast natural gas reserves
Egyptian Minister of Electricity and Renewable Energy Dr. Mahmoud Esmat, received at the ministry's headquarters in the New Administrative Capital, the Greek Minister of Environment and Energy Theodoros Skylakakis, and his accompanying delegation.
Ambassador of the Republic of Korea to Egypt, Kim Yonghyon, met with H.E. Mahmoud Esmat, Egypt's Minister of Electricity and Renewable Energy, to discuss ways to enhance bilateral cooperation in the electricity and renewable energy sectors.
