Silk Road Fund Acquires 49% Stake in ACWA Power RenewCo
The Chinaese Silk Road Fund has become a leading partner and shareholder in ACWA Power Renewable Energy Holding (ACWA Power RenewCo).
Renewables | Egypt Oil & Gas - Part 3
NREA Plans 200 MW Red Sea Wind Farm
Investments in the new project are expected to reach around EGP 4 billion.
Egypt Hosts Workshop on Renewable Energy in Africa
The workshop gathered about 30 participants from 21 countries to discuss renewable energy projects, small and micro electric power grids in Africa.
Egypt, Sweden Discuss Cooperation in Energy Projects
Sweden could help provide the needed funds to finance renewable energy projects in Egypt and provide technical support to the electricity sector.
JREEEF Implements $70.5 M Renewable Energy Projects
The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) has implemented many renewable energy projects worth $70.5 million over the past four years.
Egypt Signs 32 PPAs for Solar Energy
Egypt has signed 32 power purchasing agreements (PPAs) for solar energy projects that are being conducted in Benban, Aswan to develop the biggest solar energy park in the world.
Egypt produces 8,000 MW from Renewable Sources
Egypt is committed to producing around 20% of its electricity from renewables by 2022.
Lekala, EETC Sign PPA Wind Farm Agreement
The wind farm is expected to help Egypt achieve its targets for renewable energy under the Build Own Operate (BOO) scheme
Gas-Powered Plants Increase Electricity Output by 22%
Electricity production from gas-powered plants increased by approximately 2,597 gigawatts (GW) per hour to reach 14,409 GW per hour during July.
