NREA | Egypt Oil & Gas - Part 4

Nubian, Wadi Degla Withdrew from FiT Program

Wadi Degla has decided to totally withdraw from both phases of Egypt’s energy purchasing Feed-in-Tariff (FiT) program. Sources with the Egyptian Ministry of Electricity stated that Wadi Degla officially requeste...

Egypt to Launch Wind Farm Tender

The Egyptian Ministry of Electricity will launch a tender to establish  a wind farm, after receiving offers from General Electric Company and Fiestas Company, reported Al Borsa. The Egyptian Minister of Electricity, M...

Egypt to Build Solar Plant in Kom Ombo

The Egyptian New and Renewable Energy Authority (NREA) will launch tender for the development of a 20MW solar power plant in Kom Ombo, Aswan, in cooperation with the French Agency for Development (AFD) which has offer...

FiT Asked for $8.5m Guarantee

The Egyptian Ministry of Electricity and Renewable Energy asked for $8.5m guarantees from each company in the first phase of renewable energy purchasing Feed-in Tariff (FiT) program, reported Al Borsa. Companies are r...

Egypt Drafted PPA for FiT Phase II

Sources with the New and Renewable Energy Authority (NREA) stated that NREA along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-...

GE to Build 2000MW Wind Farm

The Egyptian Ministry of Electricity and Renewable Energy will finalize General Electric’s (GE) proposal to construct a wind farm with a 2000MW capacity of power . A source with the ministry stated that the tech...

Jordan to Join Egypt’s FiT Program

Jordan’s Philadelphia Solar seeks to finalize the financial closure for its Egyptian power plant project in order to to join phase I of the country’s energy purchasing Feed-in-Tariff (FiT) program, reporte...

Egypt’s Wind Farm to Produce 7110MW

The Egyptian Ministry of Electricity and Renewable Energy’s Spokesman, Mohamed Al Yamani, stated that Gabal el Zeit wind farm will start operation in  2017 and will be a great addition in Egypt’s wind ener...

Egypt to Meet with Investors for FiT Projects

The Egyptian Ministry of Electricity will hold a meeting with international financial institutions to discuss possible ways of funding renewable energy projects in phase II of the Feed-in Tariff (FiT) program, reporte...

Electricity Minister to Discuss Renewable Projects with Investors

Egypt’s Minister of Electricity, Mohamed Shaker, will meet with new and renewable energy investors within the next three weeks to discuss obstacles facing the implementation of feed-in tariff projects, according...

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