NREA | Egypt Oil & Gas - Part 3
South Korea in Talks to Fund Solar Power Plant in Hurghada
Egypt’s New and Renewable Energy Authority(NREA) Chairman, Mohamed Omran, said that South Korea is in talks to fund a 20MW solar power plant in Hurghada, according to Al Mal. If approved, the plant would cost $3...
Egypt Allocated $440m for Renewables
New and Renewable Energy Authority (NREA) allocated around $440m for renewable energy projects in fiscal year 2017/2018 compared to $220m in 2016/2017. Furthermore, NREA’s CEO, Mousa Omran, explained that NREA w...
Toyota Alliance to Complete Wind Farm Financial Closure
Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm to complete financial closure and sign the powe...
EETC to Sign Power Purchase Agreements
An official at the Ministry of Electricity and Mineral Resources stated that the Egyptian Electricity Transmission Company (EETC) is ready to sign power purchase agreements with renewable energy companies under the Fe...
Egypt Reimbursed Firms Withdrawing from FiT
The Egyptian Ministry of Electricity and Mineral Resource reimbursed 10 companies that withdrew from the energy purchasing Feed-in-Tariff (FiT) projects in the city of Benban, Aswan, reported Al Borsa. The withdrawing...
NREA to Fast-Track Delayed FiT Projects
The New and Renewable Energy Authority (NREA) plans to finalize a number of energy purchasing Feed-in-Tariff (FiT) projects in the first quarter of 2017, reported Daily News Egypt. NREA’s interim Chairperson, Mo... Firms Bid on Kom Ombo’s Solar Plant
Thirty-three companies bid in the tender launched by the New and Renewable Energy Authority (NREA) for a 20MW solar power station in Kom Ombo, Aswan. The facility will be built in partnership with the French Developme... Egypt Reviewed FiT Offers
Sources with the Egyptian Ministry of Electricity and Renewable Energy stated that the ministry reviewed offers from 9 firms seeking to participate in phase I of the energy purchasing Feed-in-Tariff (FiT) program with...
