Aswan | Egypt Oil & Gas - Part 2
Electricity Ministry Negotiates Benban Projects
Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan, which will each receive solar generated ...
TAQA Arabia Considers Constructing New 50MW Power Plant
Egypt’s largest private sector energy distribution company, TAQA Arabia, is considering establishing a new 50MW-capacity solar power plant, in addition to the existing 50MW solar power project that the company seeks t...
EETC to Collect 3rd Aswan Solar Energy Installment
The Egyptian Electricity Transmission Company (EETC) has addressed the solar energy companies’ investors in Aswan to pay the third installment of the EGP 10m cost-sharing agreement that links the solar power plants wi...
Solar Energy Investors Postpone EGP 9m Installment
Egypt’s Ministry of Electricity has accepted investors’ request for an extension to pay the third installment of the cost-sharing agreement for solar energy projects in Banban, Aswan, worth EGP 9m, which was due...
Elsewedy Negotiating $75m Solar Plant Loan
Elsewedy Electric is currently in the negotiating process, with the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), of obtaining a $75m loan to finance building...
Italian TerniEnergia Acquires $9.2m Solar Project
Italian energy company TerniaEnergia has secured an order worth approximately $9.2m for the construction of an industrial-scale solar power plant in Egypt with a total capacity of 47MW. The solar park will be construc...
Lekela Power to Begin Solar Plant Construction in Banban
Lekela Power, a pan-African renewable energy generation platform will begin construction of a solar energy plant with a 50 MW capacity in Banban, Aswan with $90m investments. Construction will begin in October and is ...
British Firm to Seize 49% Stake in Cairo Solar Company
An unidentified British company is to seize a 49% stake in Egypt’s Cairo Solar company worth EGP 180m, Al Mal News informed. No further details were released. The Cairo Solar company has been qualified for imple...
