Egypt, Sweden Cooperate to Develop Smart Grids
The Egyptian Ministry of Electricity is in talks with Sweden to exchange knowledge and expertise on smart grids.
Ministry of Electricity | Egypt Oil & Gas - Part 3
Siemens Signs Agreement for Iraq’s Power Roadmap
Siemens has signed an implementation agreement with Iraq’s Ministry of Electricity to rebuild the country’s power sector.
Egypt to Utilize its Geothermal Energy
Egypt plans to produce 20% of its electricity demand from renewable resources, including solar energy, wind power, and hydropower, by 2022, and increase it to 40% by 2035.
Ministry of Electricity, Eni Renew Negotiations over Solar Power Plants
Italian Eni has renewed negotiations with the Egyptian Ministry of Electricity and Renewable Energy over establishing 1000 MW solar power plants with investment costs reaching $1 billion.
Ministry of Electricity Signs Energy Purchasing Price Agreement with ACWA Power
The Ministry of Electricity and Renewable Resources has agreed with Saudi renewable energy company ACWA Power the purchasing price of energy generated by the planned Luxor power plant.
Siemens, Iraq Sign Agreement for Electricity Reconstruction
The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.
Energy Companies Compete for Zaafarana Solar Plant Tender
Three companies have already finalized their offers for the 50 MW Zaafarana solar plant tender.
Egypt Allocates EGP 25B to Develop Electricity Grid
Egypt has allocated EGP 25 billion to be spent on developing the national electricity grid over the next two years.
Electricity Ministry Arrears to EGPC Reach EGP 107.5B
Debts owed by the Egyptian Ministry of Electricity to the Egyptian General Petroleum Corporation (EGPC) have reached EGP 107.667 billion.
Electricity Ministry Delays IPOs
The Egyptian Ministry of Electricity and Renewable Resources has delayed the initial public offerings of three firms onto the Egyptian Exchange until electricity subsidies are lifted.
