renewable energy | Egypt Oil & Gas - Part 11

Infinity Solar to Build 100 MW Zaafrana Wind Plant

Infinity Solar is currently developing a 100 MW wind facility at Zaafarana in order to support the government’s renewable energy program, a source at Infinity Solar told Amwal Al Ghad. The company has also bidded for ...

Egypt, ATKINS Discuss Renewable Energy Projects

UK’s ATKINS shows interest in Egypt’s renewable energy cooperation, especially in the wind energy field, Al Mal News reported. This came during the meeting of Egyptian Minister of Electricity and Renewable Energy, Moh...

Egypt to Establish Largest Wind Farm in MENA

The Egyptian Ministry of Electricity and Renewable Energy initiated a project worth EGP 5 billion to establish the hugest wind farm in the Middle East, as part of the country’s plans to increase renewable energy usage...

EFG Hermes Considering Renewable Energy

The investment bank, EFG Hermes, is considering management investments in renewable-energy projects in Egypt, the Head of the Energy Division at EFG Hermes, Bakr Abdel Wahab, said, according to Ahram Online. The bank ...

Egypt to Produce 42% of its Electricity from Renewables by 2025

Egypt will produce 42% of its electricity from renewable resources by 2025, the Minister of Electricity and Mineral Resources, Mohamed Shaker, announced, according to Bloomberg. The government has announced a series o...

Egypt Signs $400M Wind Farm Agreement

The Egyptian Ministry of Electricity and Renewable Energy signed a $400 million agreement with a private sector company to establish a wind farm, Amwal Al Ghad reports. Approximately 30% of the components used at wind...

Elsewedy Electric to Build 2 Wind Farms

Elsewedy Electric Company and Marubeni Corporation are looking to build two wind farms in Egypt, Daily News Egypt reports. Both farms are to have a 500 megawatt (MW) capacity, the newspaper reports. The companies are ...

NREA Looking to Set Up Company to Manage Wind Farms

The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country, Al Mal News reports. The new firm will be responsible for the maintenance and operation of Egypt...

Consortium to build 250MW Wind Farm in Ras Ghareb

Orascom Construction Company, Engie, and an unspecified Japanese firm will build a 250 megawatt (MW) wind farm in Ras Ghareb, Amwal Al Ghad reports. The project is estimated to cost approximately $465.3 million. The w...

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments, Amwal Al Ghad reports. Two of the biggest investors are the World Bank’s International Financial Corporation (IFC) and the European Bank of Reconst...

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