renewable energy | Egypt Oil & Gas - Part 20

Egypt to Shift Focus to Renewables

For the past couple of months the government has been intensely focused on lessening the energy crisis and the expected power shortages in the summer. A wasted alternative is finally being added to the mix. Egypt has ...

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. Cairo’s ambassador to Tokyo Ismail Khairat met ...

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), a joint stock company owned by the Egyptian...

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. The sho...

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 generat...

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. Karim Moussa, head of private equity at the company, ...

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. The 27-year amortising loan with...

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. Mohammad Macknouk made the comments in a meeting with his Iranian counterpart Hamid Chitchian in T...

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. The ...

Abu Dhabi’s Masadar Opens Solar Grids in Far Off Fiji

Abu Dhabi-based green energy firm Masdar has opened three solar photovoltaic micro grid plants in the Pacific island nation of Fiji that will help brings clean energy to some of the outer islands. These plants togethe...

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