renewable energy | Egypt Oil & Gas - Part 2

EBRD Considers $70 Mn Finaning for Nubia Benban Solar Project

The European Bank for Reconstruction and Development (EBRD) is evaluating a financing package of up to $70 million for the Nubia Benban solar project in Aswan, with board approval anticipated in mid-June, accordin ...

Madbouly Overviews Unified Drive to Secure Energy Supplies, Expand Renewables

Prime Minister Mostafa Madbouly has directed a unified ministerial effort to secure the permanent funding required for fuel supplies, aiming to stabilize the national electricity grid and meet the energy needs of ...

Esmat Advances Local Wind Turbine Manufacturing Plans

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Alexei Ba, Regional Director of SANY Group, a Chinese company that operates in manufacturing renewable energy equipment, to discuss and follow ...

TotalEnergies, Masdar Launch $2.2 Bn Asia Renewables JV

TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) w ...

GoGas, Madkour to Develop First 365 MW Power Project in Mauritania

Egyptian-UAE firm GoGas Holding has signed a Joint Development Agreement with Madkour Holding Group to establish a combined-cycle power plant in Nouakchott, Mauritania. The facility will be fueled by gas from the ...

Global Solar Council Commends Egypt’s Clean Energy Shift

In its February 2026 report, the Global Solar Council (GSC) praised Egypt’s strategic efforts to diversify its energy mix and bolster green electricity exports, solidifying the nation's standing as a regional hub ...

Egypt, Norway’s Scatec Explore Expanding Renewable Energy Investments

As Cairo steps up efforts to attract high-quality foreign direct investment (FDI), Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Terje Pilskog, CEO of Norway’s Scatec, to explore expand ...

GPC to Drill 66 Wells with EGP 8 Bn Investments in FY 2026/27

The General Petroleum Company (GPC)  targets drilling  66 wells, including 8 exploratory ones, with total investments of EGP 8 billion during the coming fiscal year, Chairman Mohamed Abdel Mageed told the company' ...

China’s SANY in Talks to Launch Egypt’s First Wind Turbine Plant

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from China’s SANY Group to explore cooperation opportunities in renewable energy and discuss the establishment of the country’s fi ...

Investment Minister in WEF: Egypt Eyes 900 GW Solar Potential

The Minister of Investment and Foreign Trade Hassan El-Khatib highlighted that Egypt possesses enormous potential in the field of renewable energy, especially solar energy, where approximately 700 to 900 gigawatts ...

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