Renewables | Egypt Oil & Gas - Part 4
Canadian Solar to Invest $678.5m in PV Projects in Brazil
Canadian Solar Inc., the world’s second-largest solar manufacturer, will invest $678.5m in photovoltaics manufacturing and power generation projects in Brazil.
NREA Denies Egypt Unattractive for Clean Energy Investments
The Executive Chairman of the New and Renewable Energy Authority (NREA), Mohamed El-Sobki opposed the new and renewable energy companies that had claimed that the sector is currently unattractive for investments.
Italy’s Eni Unveils 420MW Renewables Plan
Italian oil and gas giant ENI plans to develop 420MW of renewable energy projects, predominantly solar PV, close to its existing industrial gas plants across Italy, Egypt and Pakistan.
UK Firm to Lead Renewables Effort in Cuba
Leni Gas Cuba has inked a deal with UK solar power and storage specialists CFS (Commercial Funded Solar) to assess the potential for installation and operating renewable energy and hybrid power solutions in Cuba.
South Africa to Add More Clean Power to Grid
South Africa will connect 7,000MW of renewable power to its grid by mid this year, when the first 47 projects become fully operational, the Energy Minister said.
Total to Buy Battery Maker Saft to Expand Clean Energy
One more after Total announced the creation of a gas, renewables and power division to help drive its ambition to become a top renewable power generation, it agreed to buy France based battery manufacturer Saft Group ...
Egypt’s EFG Hermes Mulls Renewables Investments Rise
Egypt-based investment bank EFG Hermes is planning to increase the investments it manages in renewable energy from the current $831m to between $1.7 and $2.3b in the next two years.
Engie Plans $490m Renewables Investment in Egypt
Engie, a French energy company, is planning to set up two power plants – wind and solar - in Egypt, an investment worth $490m, according to the company’s Regional Director for North Africa, Amin Homan Lodi.
