renewable energy | Egypt Oil & Gas - Part 13

Saudi Aramco Announced Initial Public Offering

Saudi Aramco’s CEO, Amin Nasser, made the announcement of an initial public offering (IPO) on the 6th of March. Aramco will be publicly listed both in Saudi Kingdom and abroad in the second half of 2018, reporte...

S Africa: Coal Drivers Protest Over Renewable Energy Contracts

Several coal transporting trucks blocked highways in South Africa’s capital on Monday to protest against the country’s renewable power program after President Jacob Zuma showed support for the sector in sp...

Egypt’s Feed-in-Tariff to Remain Unchanged

The Egyptian Electricity Ministry will not increase the Feed-in-Tariff (FiT) for renewable energy projects in the second phase of the program, as solar energy companies had been hoping, Al Mal reported. Ministry’...

Electricity Ministry to Discuss FiT Phase 2 with Investors

An official source at the Egyptian Electricity Ministry said that the renewable energy companies in the second phase of the Feed-in Tariff (FiT) program are set to discuss with the ministry the payment schedule for th...

Saudi Aramco Eyes $5b Investment in Renewables

Saudi Aramco, the world’s largest oil company, is considering as much as $5b of investments in renewable energy firms as part of the kingdom’s plans to diversify from crude production, Oil and Gas People reporte...

Enel Expands Renewable Projects in MENA

Rome-based utility owner Enel SpA is targeting renewables projects in Saudi Arabia and the United Arab Emirates (UAE) as oil-rich Gulf countries take advantage of the falling cost of solar power to diversify their ene...

UAE to Invest $163b on Renewable Energy

The United Arab Emirates (UAE) has said that it intends to invest $163b in projects to generate half of the nation’s power needs from renewables by 2050, BBC reported. The UAE has considerable solar power potent...

Aramco to Launch Wind Power Plant

Saudi Aramco plans to commission its pilot 2.75MW GE wind turbine project in Turaif, the first in the kingdom, in Janurary 2017, as part of a nationwide drive to diversify energy supplies and meet an increase in deman...

S. African Wind Farms Received Main Transformers

Mainstream Renewable Energy’s joint venture Lekela Power has delivered the main transformers to the 140MW Loeriesfontein and 140MW Khobab wind farms in South Africa, ReNews informed. The 160MvA transformers will be ho...

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...

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