Renewables | Egypt Oil & Gas - Part 4

Lekala, EETC Sign PPA Wind Farm Agreement

Lekala Renewable Energy Company signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), Al Mal reported. According to the agreement, Lekala will sell electricity produced fro...

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, an official at the Ministry of Electricity and Renewable Energy told Al ...

Egypt Allocated $440m for Renewables

New and Renewable Energy Authority (NREA) allocated around $440m for renewable energy projects in fiscal year 2017/2018 compared to $220m in 2016/2017. Furthermore, NREA’s CEO, Mousa Omran, explained that NREA w...

South Africa Slows Nuclear Power Expansion Plans

South Africa’s government has slowed its nuclear power expansion plans with a new timeline setting the first additional nuclear power plant coming on stream in 2037, according to a draft energy paper. State ener...

Exclusive: El Molla Speaks at ADIPEC

During the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, joined a panel on Global Ministerial Dialogue for empowering emerg...

Developers to Withdraw from Egypt’s FiT Program

Up to 35 solar energy firms are considering withdrawing from the first phase of Egypt’s Feed-in Tariff (FiT) program due to delays, currency risks, and government’s insistence on domestic arbitration, as develop...

Electricity Minister to Discuss Renewable Projects with Investors

Egypt’s Minister of Electricity, Mohamed Shaker, will meet with new and renewable energy investors within the next three weeks to discuss obstacles facing the implementation of feed-in tariff projects, according...

Eni to Build Solar Energy Station in South Sinai

The higher committee for the project of renewable solar energy utilization held its first meeting to study Eni’s project to establish a solar energy station for electricity generation with a capacity of 100 MW in Sina...

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, according to See News. The company has earmarked $23m for...

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, acco...

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