renewable energy | Egypt Oil & Gas - Part 15
AfDB mulls financing Solar Energy Project in Egypt
The African Development Bank Group (AfDB) is considering a US$50 million finance in favour of a solar energy project in Egypt, an AfDB source with knowledge of the mater told Amwal Al Ghad.
South Africa’s Eskom Launches 100 MW Wind Facility
South African power utility Eskom said on Monday its first large-scale renewable energy plant, the 100 megawatt Sere Wind Farm, was fully operational and injecting much-needed electricity into the constrained grid.
Gamesa Grabs 220MW in Egypt
Spanish manufacturer Gamesa signed a deal for the construction of the 220MW Gulf of El Zayt wind farm on the Egyptian Red Sea coast.
SkyPower IGD Signs Solar Deal in Egypt
SkyPower Global and International Gulf Development (IGD) have signed an agreement with the Government of Egypt to develop 3,000 megawatts (MW) of utility-scale solar PV.
Egypt Selects 115 Bidders for Renewable Energy Projects
The government has narrowed down its choice to 115 bidders to carry out nation-wide renewable energy projects.
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.
