renewable energy | Egypt Oil & Gas
Madbouly Opens 1.2 MW Solar Power Plant at Nasr Petroleum
Prime Minister Mostafa Madbouly inaugurated a 1.2-megawatt (MW) solar power plant at Nasr Petroleum Company in Suez, as the Ministry of Petroleum and Mineral Resources (MoPMR) expands renewable energy use and improves...
Scatec Secures $217 Mn Financing for Egypt’s Dandara Solar Project
Scatec has secured $217 million in non-recourse financing for the first phase of the Dandara solar and battery energy storage project in Egypt and is starting construction, said the Norwegian renewable energy company....
India Seeks $220 Bn Clean Energy Investments to Meet 2030 Target
India needs approximately $220 Bn in clean energy investments over the next three years to expand renewable power generation and grid infrastructure and meet its target of 500 gigawatts (GW) of non-fossil fuel capacit...
El-Sisi Reviews Egypt’s Plan to Raise Renewables Share to 45% by 2028
Egyptian President Abdel Fattah El-Sisi reviewed progress on renewable energy projects as the government brings forward its target of raising renewables’ share in the energy mix to 45% by 2028, from the previous targe...
Egypt Says One GW of Renewable Energy Saves $250 Mn in Gas Imports
Egypt’s Finance Minister Ahmed Kouchouk said each additional gigawatt of renewable energy capacity saves about $250 mn in gas imports, as the government seeks to reduce energy costs and strengthen public finances, acc...
Nefer Minya Solar Project Secures Up to $566 Mn in Financing
HAU Energy, the renewable energy investment platform of Hassan Allam Utilities, and Infinity Power, Africa’s largest renewable energy company, have secured up to $566 million in debt financing for the Nefer Minya Sola...
Qatar Proposes LNG Supply Agreement, New Power Plants for Lebanon
Qatar plans to build two power plants in Lebanon over the next three years and establish a 20-year liquefied natural gas (LNG) supply agreement as part of a proposal to revive the country’s struggling electricit...
Rosatom, Teletech to Set Up 500 MWh Energy Storage Assembly in Egypt
Russia’s Rosatom and Egypt’s Telecom and Technology Co. (Teletech) have signed an agreement to establish local battery energy storage system (BESS) assembly facilities in Egypt, with a potential annual production capa...
