renewable energy | Egypt Oil & Gas - Part 15

Italy’s Enel to Exit Egypt’s Renewable Energy Market

Italy’s Enel Green Power has decided to withdraw its investments from the renewable energy market in Egypt and seek the compensations for the investments that were already injected in the sector, reported Daily News E...

Iran to Launch First Tender to Attract $12b Green Investment

Iran begins a green power build out as it plans its first tender for utility-scale renewable projects by the end of the year. The green power projects could attract investments worth of $12b by the time it is complete...

Sweden Continues Developing Nuclear Energy

The Swedish government coalition has reached a new agreement with the three opposition parties to continue developing nuclear energy, while at the same time committing to converting Sweden’s energy production to 100% ...

NREA to Attract $13.7b Renewables Investments

Egypt’s New and Renewable Energy Authority (NREA) aims to attract investments worth $13.7b to establish renewable energy projects with a capacity of 9,520 MW over the next seven years through tenders, direct con...

Egypt Negotiating South Korean $3b Investment

South Korea aims to increase its investments in Egypt to $3b mainly in renewable energy, according to Korea’s Minister of Trade, Industry and Energy, Joo Hyunghwan, Daily News Egypt reported. According to Tarek Kabil,...

French Investments in Egypt to Increase by 10% in 2017

The Egyptian-French Business Council expects French investments in Egypt to increase by 10% in 2017, Daily News Egypt wrote. According to a government’s statement, Egyptian President, Abdal Fattah Al-Sisi stated...

Solarize Egypt Eyes 15MW Solar Power Projects in 2017

Solarize Egypt, operating in solar energy, plans to implement solar power projects with capacities of 15 MW in 2017, compared to its 4 MW plan in 2016, Solarize’s CEO, Yaseen Abdel Ghaffar, told  Al Mal newspape...

China Wasted 20% of Wind Plants Power in 2015

Energy wastage on wind farms in China worsened in 2015, as plunging utilization rates kept 33.9bkWh from being delivered to the grid, which is the equivalent of 20% of total generated wind power, the energy regulator ...

US Graviton Capital Mulls Renewable Energy Investments in Egypt

Graviton Capital, a US company, is pondering investments of up to $10m – $20m per financing operation in small new and renewable energy projects in Egypt, Daily News Egypt reported. The investment will be suitab...

EU Official: Egypt Is on Right Path in Renewable Energy Development

Egypt is on the right path to development as the government is adopting several encouraging and successful policies, especially in the energy sector, Head of the European Union Delegation to Egypt, James Moran, said a...

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