renewable energy | Egypt Oil & Gas - Part 9
Actis 5 Eyes About $4.5 B Investments in Energy, Infrastructure
Actis plans to set up a new Middle East and North Africa (MENA)-focused international fund (Actis 5) of $4-$4.5 billion to invest in energy, infrastructure, and renewable energy projects, Sherif El Kholy, Partner and ...
Wells Fargo, Shell Sign Renewable Energy Contract
Wells Fargo, a US lender company, has signed agreements with Shell and its wholly-owned subsidiary MP2 Energy LLC to secure an annual 150,000 megawatt-hours of renewable energy, according to a press release. The deal ...
OQ Establishes New Alternative Energy Business Stream
OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources, according to The Oman Observer. The i...
NREA Collects EGP 300 MM Dues from Government
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, asserted during the National Renewable Energy Authority (NREA)’s meeting that the electricity sector is keen on boosting renewable energy by i...
Electricity Ministry Mulls Shelving Coal Energy Projects
The Egyptian Ministry of Electricity and Renewable Energy is considering suspending the implementation of coal energy projects, which would have had a total capacity of 9,250 megawatts (MW), with investments of nearly...
Roundtable in Egypt Discusses Investing in Renewable Energy
Chairman of New and Renewable Energy Authority (NREA) Mohamed El Khayat inaugurated a roundtable that discussed investment potentials in renewable energy and sustainable development in Egypt, Al-Ahram reported. The se...
Egypt’s Petroleum Officials Meet Zawati of Jordan at WEC
Officials at Egypt’s Ministry of Petroleum and Mineral Resources met Jordanian Minister of Energy and Mineral Resources, Hala Zawati and discussed means of cementing bilateral ties in the field of natural gas. Al-Ahra...
Electricity Sector to Receive EGP 111.9 B Investments
The Ministry of Planning, Monitoring and Administrative Reform announced that the total investments targeted for the electricity sector during the year 2019/2020 is about EGP 111.9 billion, which is 9.6% of the countr...
