Renewable Energy

Egypt’s national electricity network has daily reserve of 17K megawatts: Minister

Mon, 25 Jul 2022 - 10:49 GMT

Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, revealed that the expansions that took place in the national electricity network had a significant impact on the quality of service provided to the Egyptian citizens.

Egypt, UAE to establish wind farm with capacity of 10 GW

Wed, 06 Jul 2022 - 01:11 GMT

Minister of Electricity and Renewable Energy Mohamed Shaker stated Tuesday that the draft agreement has been finished.

Saudi fund chief says keen on working in Egypt especially in generating renewable energy field

Wed, 22 Jun 2022 - 04:41 GMT

He noted that the fund is willing to visit Cairo in September to inspect the fund’s projects in Egypt as well as inking a number of partnerships between Egyptian and Saudi companies.

Egypt, Saudi Arabia sign 14 investment agreements worth $7.7B

Tue, 21 Jun 2022 - 11:55 GMT

Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.

UK companies eager to invest in renewable energy in Egypt: British Amb.

Thu, 09 Jun 2022 - 10:40 GMT

Five Egyptian ministers visited London last month discussed promotion of green investments, and the development of economic zone of the Suez Canal.

Egypt, Netherlands talk boosting environmental cooperation ahead of COP27

Sat, 04 Jun 2022 - 12:07 GMT

Egyptian Minister of Environment Yasmine Fouad met Friday with her Dutch counterpart Vivianne Heijnen to discuss mechanisms of joint cooperation in the issues of climate and biodiversity, on the sidelines of the Stockholm +50 Conference.

Egypt to launch National Strategy for Climate Change 2050 Thursday

Wed, 18 May 2022 - 02:45 GMT

Egypt will launch Thursday the National Strategy for Climate Change 2050 in an event that will be attended by Prime Minister Mostafa Madbouli and a large number of ministers.

Solar power plant with investments worth LE700M to operate in Q3 of 2022

Mon, 09 May 2022 - 12:36 GMT

The implementation of a solar cell plant in Zafarana area to produce electricity with a capacity of 50 MW is underway, according to the New and Renewable Energy Authority.

Norway's Scatec ASA to issue green bonds worth $334.5M to refund projects at Egypt's Benban Solar Park

Thu, 28 Apr 2022 - 10:15 GMT

The duration of those bonds is 19 years.

In brief: prospective green hydrogen plants in Egypt

Tue, 26 Apr 2022 - 04:17 GMT

Many MoUs with global and international firms were signed in less than a year.

Egypt prepares to lay concrete for the 1st nuclear reactor at Dabaa Plant

Tue, 26 Apr 2022 - 11:51 GMT

The Egyptian Ministry of Electricity and Renewable Energy, represented by the Nuclear Power Plants Authority, is preparing to start work on pouring concrete for the first nuclear reactor to generate electricity with a capacity of 1,200 megawatts at the Dabaa plant.

Egypt can cover all electricity needs from solar energy in 10 years only due to natural favors: Energy expert

Tue, 12 Apr 2022 - 08:50 GMT

The future of renewable energy in Egypt is far more promising than that in Europe if the human factor from laws and decision makers will earnestly pave the way since nature gives the country all the ingredients for success.

Egypt signs agreement to cooperate in renewable energy projects in number of African countries

Thu, 31 Mar 2022 - 05:25 GMT

The agreement was signed by Ayman Soliman, CEO of the Sovereign Fund of Egypt, and Telf Thorlevson, CEO of the Norwegian Investment Fund, and Raymond Carlsen, CEO of the Norwegian company Scatec..

Egypt, UAE discuss fostering bilateral cooperation in electricity, renewable energy fields

Thu, 17 Mar 2022 - 03:00 GMT

In press statements Thursday, Shaker praised close and strategic relations binding Egypt and the UAE and their two peoples, in addition to the feelings of cordiality and fraternity Cairo has for Abu Dhabi.

Electricity min., AfDB discuss fostering renewable energy cooperation

Wed, 16 Mar 2022 - 06:05 GMT

Shaker said the Egyptian electricity sector has succeeded in completing many projects and programs in cooperation with the bank.

Egypt achieves great leap in renewable energy field: Siemens Gamesa

Sun, 27 Feb 2022 - 12:36 GMT

The ambitious strategy to increase the supply of electricity generated from renewable energy sources to 42 percent by 2035 will put Egypt in a leading position regionally and globally

Egypt plans to produce 42% of its power from renewable resources

Sat, 12 Feb 2022 - 08:24 GMT

Egypt has a pioneering experience in implementing a solar power plant in Uganda under the supervision of the Egyptian Ministry of Electricity and Renewable Energy, Gendy said in an interview with Extra News.

Egypt's development financing agreements in renewable energy, electricity, petroleum worth $1B

Wed, 02 Feb 2022 - 02:29 GMT

Egypt is accelerating the transition towards a green economy through development financing agreements worth $230 million in environment

UK Amb. in Cairo: European investors see good opportunities to invest in Egypt

Tue, 25 Jan 2022 - 02:36 GMT

The British ambassador in Cairo Gareth Bailey affirmed that European investors see good opportunities in Egypt to invest in renewable energy, whether through the sun, wind or green hydrogen.

Foreign investments in Egypt's renewable energy rise to $3.5B

Thu, 20 Jan 2022 - 08:52 GMT

Wind energy projects in the Gulf of Suez region on the Red Sea coast accounted for 78 percent of these investments, and 22 percent for solar energy projects, according to a statement by the Ministry of Electricity, Wednesday.