Solar energy
The project agreement with the Egyptian Electricity Transmission Company spans 25 years and involves a total investment cost of SR 611 million.
The ministry pointed out that 20 of those had been established over the past few years to serve 100,000 South Sudanese citizens.
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.
This comes in light of the great success of the solar energy station in Benban in Aswan Governorate, which is one of the most important stations in the world.
That is in addition to four rainwater harvesting dams.
The construction of the Gulf of Suez wind station, which is owned by the New and Renewable Energy Authority, comes within the framework of the state’s plan to diversify energy sources and expand renewable energy projects.
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.
Some 4,000 kilometers in Upper Egypt are allocated to power-generating solar and wind stations, an official source in the Ministry of Electricity told Egypt Today Monday.
Chairman of the General Authority for Free Zones and Investment (GAFI) Hossam Heiba met Wednesday with Manager of Invest India Aprajita Saini.
The Nuclear Materials Authority of the Ministry of Electricity was able to break into the field of manufacturing pure silicon, where the authority manufactured, for the first time, an electronic chip, starting from pure quartz ore.
It spans over 3,312 square kilometers, and has almost 100,000 dwellers.
The value of the projects to be established per those agreements is $85 billion.
He said that transitioning to a green and sustainable energy sector is necessary not only to achieve economic growth, but also to enhance important aspects of people's lives such as health and education.
Egypt occupies the fourth place globally, in terms of the largest plants to generate electricity from solar energy, after the completion of the operation of the Benban solar plant with a capacity of 2000 megawatts, in cooperation with the private sector.
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys.
President Abdel Fatah al-Sisi received Thursday Dimirti Kopilosis, chairman of Greece's Kopilosis electricity corporate.
The project is being held inside the Jushi factory specialized in the manufacture of fiberglass in the Chinese industrial zone “TEDA” through a partnership between the Jushi factory and Inara Capital.
The electric transport project in Nabq Reserve is in its experimental stage, and it will be expanded in the coming period, especially in light of the government’s program to transform Sharm El-Sheikh into a green and sustainable city with all its facilities.
The Cabinet's Information and Decision Support Center said Monday Egypt tops a list of Arab countries in the production of wind power and solar energy, with highest 3.5 GW capacity.
A total of 6 solar energy plants are constructed in villages of Biba in Beni Suef as part of the Haya Karima presidential initiative that aims to develop the life standards of the countryside.
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