Renewable Energy

Highlights of projects aimed at turning Egypt into trade, energy hub

Tue, 04 Jun 2024 - 10:56 GMT

Since 2018, the government has been implementing projects in relevant sectors with the aim of achieving that goal.

Egypt designates land to build 10 GW wind energy project with $10B investments

Wed, 15 May 2024 - 03:20 GMT

This project is part of the memorandum of understanding signed during COP27 in Sharm El Sheikh in November 2022 between the alliance, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority.

PM discusses renewable energy projects with SCATEC CEO, focuses on clean fuel transition

Wed, 01 May 2024 - 01:42 GMT

The solar energy project will be implemented in two phases and has already secured a cooperation agreement with the Ministry of Electricity. Funding for the project will be sourced from renowned international financial institutions.

Egypt, Italy discuss cooperation in field of renewable energy, green transition

Tue, 23 Apr 2024 - 12:10 GMT

Egyptian Minister of Electricity Mohamed Shaker discussed in a meeting Tuesday with Minister of Enterprises and Made in Italy Adolfo Urso means of boosting cooperation in the fields of renewable energy and green transition.

Egypt to implement 2 solar power projects with LE 1B EU grant

Mon, 15 Apr 2024 - 10:00 GMT

The first project involves the construction of a 10-megawatt solar power generation station at the Assiut Oil Refining Company. Enppi and Petrojet, two subsidiaries of the petroleum sector specializing in engineering designs, general contracting, and construction, have been assigned to undertake this venture

New and Renewable Energy Authority set LE 8B as budget during FY2024/2025

Tue, 26 Mar 2024 - 01:25 GMT

This budget will be divided, with approximately LE 4 billion allocated for current expenses and around LE 3.7 billion designated for investments in renewable energy projects.

Egypt ranks 2nd in CCPI index thanks to investment in renewables

Mon, 25 Mar 2024 - 10:17 GMT

The index data attributed this advanced ranking to the fact that Egypt has taken measures to invest in large-scale renewable energy projects, such as encouraging the installation of solar and wind energy.

Egypt, Norwegian Company to set up $1.1B solar station

Tue, 05 Mar 2024 - 04:51 GMT

As part of Egypt's strategy to promote the transition towards a green economy, expand the utilization of new and renewable energies, and diversify energy sources for industrial electricity production, the recent collaboration between the Ministry of Public Business Sector and the Norwegian company SCATEC marks a significant milestone.

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).