renewable energy | Egypt Oil & Gas - Part 9

UAE to Invest $163b on Renewable Energy

The United Arab Emirates (UAE) has said that it intends to invest $163b in projects to generate half of the nation's power needs from renewables by 2050.

Aramco to Launch Wind Power Plant

Saudi Aramco plans to commission its pilot 2.75MW GE wind turbine project in Turaif, the first in the kingdom, in Janurary 2017.

S. African Wind Farms Received Main Transformers

Lekela Power has delivered the main transformers to the 140MW Loeriesfontein and 140MW Khobab wind farms in South Africa.

FiT Asked for $8.5m Guarantee

The Egyptian Ministry of Electricity and Renewable Energy asked for $8.5m guarantees from each company in the first phase of renewable energy purchasing Feed-in Tariff (FiT) program.

Enel to Grow Renewable Ventures

Italian Enel will build 5,000MW of renewables capacity in Africa despite political unrest in the North and lack of electric power connections between countries.

FiT Challenged with Devaluation Backlash

Construction companies and solar firms withdrew from new and renewable energy projects due to increased costs as a result of EGP devaluation.

China to invest in Waste-to-Energy Plants

China Electric Power Company submitted an offer to the Egyptian Ministry of Electricity and Renewable Energy to establish waste-to-energy power plants.

EBRD to Invest in Renewable Energy

European Bank for Reconstruction and Development (EBRD) decided to finance Egypt's renewable energy by around $544.38m

Nigeria to Promote Sustainable Energy

The Nigerian federal government sets out plans for the energy sector's generation capacity to be met through traditional and renewable energy resources.

Kenya to Build 55MW Solar Farm

East Africa’s largest solar power plant in northern Kenya is set to add 55MW of power to the country’s national grid.

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