European Investment Bank | Egypt Oil & Gas

Egypt Signs $650Mn Financing Terms for One GW Solar Project

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of preliminary financing terms for a $650Mn solar power project in Nag Hammadi, Qena Governorate, Upper Egypt, with a planned capacity of one gigawatt (GW...

ECCE Mulls EGP 2b Investment in Solar Energy

Managing Director of  the Egyptian Company for Clean Electricity (ECCE), Emad Ghaly, informed  Al-Borsa News that the company is steering investments worth EGP 2b towards the development of solar power stations and a ...

Egypt Opens MENA’s Largest Wind Farm

Egypt announced  the opening of the region’s largest wind farm in the Gabal al-Zeit area near the Red Sea. The wind farm is estimated to bring between 150 and 200 megawatts to the Egyptian electricity grid, adding to ...

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