renewable energy | Egypt Oil & Gas - Part 14

IFC to invest $ 2 bn in Egypt’s Energy and Infrastructure

The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion in Egypt over the next four years.

Egypt to Shift Focus to Renewables

The government announced a string of plans to add a combined capacity of 4.3 gigawatt hours to the country's grid and the introduction of a new feed-in tariff system aimed at encouraging private investment.

Toyota to Invest in Egypt´s Renewable Energy

Toyota will invest over $1.5 billion in gas exploration in Egypt’s Mediterranean and renewable energy, according to a Tuesday statement by the Egyptian Foreign Ministry.

Terra Sola to Build Egypt Solar Power Units and Entrepreneurship Fund

Bahrain-headquartered developer and investor of solar power projects Terra Sola Ventures (Terra Sola) has signed a deal with the Egyptian Electricity Holding Company (EEHC),

Energy Saving Technologies at Upcoming Saudi Expo

Leading players in the electricity, power generation, alternative energy, water technology, and lighting sectors will be showcasing their products and solutions at the upcoming Saudi Power 2015 expo in Riyadh.

Gulf Energy Firms Pledge Renewable Gigawatts at March Summit

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power genera ...

EFG Hermes To Invest $100 Million in Egyptian Renewable Energy

The Egypt-based major investment bank EFG Hermes Holdings intends to make investments worth $100 million in renewable energy in Egypt, a top company official said.

Acwa Power in $400 million Dubai Solar Power Project

Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.

Lebanon Requests Iran’s Assistance in Dam Construction

Lebanese Environment Minister has called for the Iranian private sector’s involvement in constructing dams in Lebanon.

JICA to Set Up 200MW Wind Farm in Gabal el-Zeit

Egypt and Japan International Cooperation Agency (JICA) signed a contract on Thursday 19/02/2015 to set up a 200-megawatt wind farm in Gabal el-Zeit area in the Gulf of Suez at a total cost of EGP 1938.9 million.

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