Egypt, EU Consortium to Invest €7 Billion in Green Hydrogen Initiative

Sat, 29 Jun 2024 - 07:25 GMT

Egypt launches a landmark €7 billion deal for green hydrogen production in Ras Shuqair.

Egypt’s decision to decrease renewables’ price helps attract foreign, local investments

Wed, 27 Jan 2021 - 02:56 GMT

The price of a kilowatt/hour for the solar energy is now 2 cents, while the wind energy will charge 3 cents.

Orascom-Engie-Toyota seal financial closure for 250MW wind farm

Mon, 18 Dec 2017 - 12:26 GMT

Total investment in Orascom’s Engie-Toyota Tsushois estimated at $400 million.

EBRD, EIB directs $30M to green economy in Egypt through ALEXBANK

Tue, 14 Nov 2017 - 12:33 GMT

The new agreement is deemed the third deal under the GEFF, which is supported by a €23.3 million grant offered by the EU.