Renewables | Egypt Oil & Gas - Part 8

Egypt, IFC Launch Energy Efficiency Program

Egypt and the International Finance Corporation have agreed to a $2.3m deal to improve energy efficiency and pollution in Egyptian industry.

Enel, Powerhive’s Solar Grid to Boost Rural Electrification in Kenya

Italy’s Enel Green Power SpA (EGP) and US firm Powerhive Inc will build and operate solar mini-grids totaling 1 MW in 100 villages in western Kenya's counties of Kisii and Nyamira in 2016, an investment worth $12m.

Egyptian Solar Projects Increasing, Exports Possible by 2020

The European Bank for Reconstruction and Development (EBRD) has allocated $500m to finance solar energy in Egypt in 2016 - a part of a larger renewables effort, which may allow Egypt to export solar-generated energy ...

US Increase Quotas for Renewable Fuels Blend

The US Environmental Protection Agency (EPA) announced earlier this week new quotas for renewable fuels blended into gasoline in 2016, higher than expected.

South Africa Finds Power Stability Thanks to Renewables

An additional 43 IPP projects with a total capacity of 2.147 MW of which 2.021 MW are in commercial operation and 334 MW from the Department of Energy's Dedisa IPP project have been connected.

Jordan Approves 20-Year Contract for New 50MW PV Plant

Abdul Latif Jameel Energy and Environmental Services, and its portfolio company Fotowatio Renewable Ventures (FRV), have signed a power purchase agreement (PPA) for a planned 50-megawatt solar PV power plant in Jordan.

Cow Dung Powers BMW in South Africa Amidst Blackouts

One of the top customers for South Africa’s Bio2Watt power plant is German car manufacturer BMW in Pretoria.

Renewables to Share in $544.37m UAE Innovation Fund

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched a new fund worth $544.37m to finance innovation.

Russia Furthers Egypt’s Nuclear Power and Suez Industrial Plans

Minister of Electricity Mohammed Shaker explained that nuclear power was a key facet in the government’s strategy to tackle the current energy crisis.

Egypt’s Dollar Shortage May Undermine Renewable Energy Projects

Egyptian solar-power developers are increasingly concerned by the state’s declining foreign currency reserves.

Page 8 of 17

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