renewable energy | Egypt Oil & Gas - Part 3

TotalEnergies Divests Distributed Solar Assets in Europe

TotalEnergies SE has sold its 170-megawatt portfolio of distributed solar generation assets in Europe. The assets were acquired by Amarenco and AMPYR Distributed Energy, who will continue operations and supply existin...

Egypt’s Renewables Capacity Reaches 9.5 GW, Targets 11.2 GW by End 2026

Egypt’s installed renewable energy capacity has reached 9,516 megawatts (MW), supported by 500 megawatt-hour (MWh) of battery energy storage, Mahmoud Esmat, Minister of Electricity and Renewable Energy, announce...

UNDP Backs Egypt’s Industry with 200 MW Solar Initiative

The Solar Energy Transition in Industries (SETI) initiative, backed by the United Nations Development Program (UNDP), was the focus of a meeting between Khaled Hashem, Minister of Industry, and Chitose Noguchi, UNDP R...

Philippines Sees Rooftop Solar Boom as Electricity Prices Rise

The Philippines is witnessing a sharp demand rise on rooftop solar installations as households seek to reduce soaring electricity bills, according to Reuters. The country has the highest residential electricity prices...

Schneider Electric Eyes Egypt Expansion,Targets 85% Local Content

Khaled Hashem, Minister of Industry, met with Sebastien Riez, President of Schneider Electric for North Africa and the Levant, to discuss the company’s expansion plans and opportunities to deepen local manufacturing. ...

Egypt, Scatec Discuss $5 Bn Expansion in Renewables, Data Centers

Mohamed Farid, Minister of Investment and Foreign Trade, has met with senior executives of Norwegian renewable energy company Scatec to discuss the company’s ongoing projects in Egypt, Discussions also covered o...

Norway’s Scatec to Invest $5 Bn in Egypt Over Next Two Years

Norwegian renewable energy company Scatec plans to invest up to $5 billion in Egypt over the next two years across several fields, including renewable energy-powered desalination, green data centers, solar and wind pr...

Korra Energi, HIDLECO Win Wind‑Power Grid Contracts

The newly listed energy solutions provider Korra Energi, in alliance with High Dam for Electrical and Industrial Projects(HIDLECO), has secured the first and third lots of a major Egyptian electricity transmission pro...

Esmat Reviews Scatec’s 3.1 GW Renewable Energy Portfolio in Egypt

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Norway’s Scatec to review the operation of the first phase of the 561 megawatt (MW) Obelisk Solar Power Plant and the 100 /200 me...

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, according to...

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