EFG Hermes Considering Renewable Energy
The investment bank, EFG Hermes, is considering management investments in renewable-energy projects in Egypt.
renewable energy | Egypt Oil & Gas - Part 8
Egypt to Produce 42% of its Electricity from Renewables by 2025
Egypt will produce 42% of its electricity from renewable resources by 2025, the Minister of Electricity and Mineral Resources, Mohamed Shaker.
Egypt Signs $400M Wind Farm Agreement
The Egyptian Ministry of Electricity and Renewable Energy signed a $400 million agreement with a private sector company to establish a wind farm.
Elsewedy Electric to Build 2 Wind Farms
Elsewedy Electric Company and Marubeni Corporation are looking to build two wind farms in Egypt
NREA Looking to Set Up Company to Manage Wind Farms
The New and Renewable Energy Authority (NREA) is looking to establish a company to manage wind farms across the country.
Consortium to build 250MW Wind Farm in Ras Ghareb
Orascom Construction Company, Engie, and an unspecified Japanese firm will build a 250 megawatt (MW) wind farm in Ras Ghareb.
Solar Sector Attracts $1.8B in Investments
Egypt’s solar energy sector has garnered $1.8 billion in investments.
IFC to Invest up to $700M in Renewable Energy Projects
The International Finance Corporation (IFC) plans to invest approximately $700 million in renewable energy projects in Egypt during the current fiscal year.
El Molla Meets with ACWA Power CEO
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of ACWA Power, Paddy Padmanathan, to review the company's energy and water-desalination projects in Egypt and the region.
ACWA Power to Build Solar Plants in Aswan Province
ACWA Power has agreed to build three solar photovoltaic power plants in Aswan Province.
