Renewables | Egypt Oil & Gas - Part 7
GCC Targets 10GW Renewables Expansion by 2020
The GCC’s solar capacity is expected to reach 10GW by 2020, representing a market opportunity of at least $10b, according to experts from the International Renewable Energy Authority (Irena), who were cited by Trade A...
German Investor to Build Solar Mega-Project in Iran
German investors will build one of the world’s biggest solar power plants in Iran, in its central province of Isfahan, powering 475,000 households for 30 years, the Financial Tribune reported. The project is to ...
Morocco to Invest $9b in Solar Power by 2020
Morocco expects to invest $9b in solar energy by 2020, reports Trade Arabia. The Moroccan Agency for Solar Energy (MASEN) hopes to rapidly expand production in renewables – to reach 52% of Morocco’s energy needs by 20...
Algeria, EU Prioritize Renewable Energy and Energy Efficiency
Algerian-EU energy cooperation scheme envisions new plans for development and investment in energy efficiency and renewable energy, according to experts from the European think tank Bruegel, All Africa reports. “...
KarmSolar Aiming to Join 1.5m Feddan Desert Reclamation Project
Egyptian solar energy company, KarmSolar has concluded a cooperation agreement with Plus Leasing to provide financing for private sector companies involved in the 1.5m feddan desert reclamation project, inaugurated in...
DEWA Plans $7.34b Renewables Projects, Seeking Private Financing
Dubai Electricity & Water Authority (Dewa) has approved new renewable projects worth over $7.34b, to expand Dubai’s energy production capacity, for which DEWA is seeking support through much needed private f...
Qatari Companies Sign $500m Renewable Power Joint Venture
Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC) are establishing a joint venture for the generation of electricity from renewables, reported Gulf Base. QP has a 40% stake in the project, while QEWC...
Australia Confirms Uranium Export Commitment to UAE
Australia has confirmed its commitment to export uranium for UAE’s nuclear program, in line with the bilateral 2015 agreement, once the nuclear plants in the Gulf country come online, Australia’s outgoing ...
