Solar Energy | Egypt Oil & Gas

EBRD Releases $5.5M to Finance TAQA Arabia’s Solar Energy Project in El Minya

As part of its efforts to expand renewable energy in Egypt, the European Bank for Reconstruction and Development (EBRD) announced the contribution of a new tranche of financing worth $5.5 million to TAQA Arabia’s ...

TAQA Arabia Launches Largest Solar Power Plant in Sharm El-Sheikh

In line with Egypt’s strategy towards expanding the use of clean energy, TAQA Power, a subsidiary of TAQA Arabia, the full-service energy and utility provider in Egypt, announced the commissioning of the largest s ...

Power Station Running on Solar Energy Launched in SCZone

In an effort to support green hydrogen and clean energy production, Minister of Electricity and Renewable Energy Mohamed Shaker has launched power station operated by solar energy with capacity of 10 gigawatts per ...

Lightsource BP Complete $380 MM Financing Package for Solar Projects

Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.

EETC Signs $200-MM Energy Agreement for Aswan Solar Station

The Egyptian Prime Minister, Moustafa Madbouly, witnessed the signing of an agreement to purchase energy for a solar power generation project under a Build-Own-Operate (BOO) system, with a capacity of 200 megawatt ...

Egypt’s NREA Verfies RGS to Execute Projects on National Grid

RGS Energy announced that it has obtained the accreditation from Egypt's New and Renewable Energy Authority (NREA), as it will be able to implement connectivity projects on the national electricity grid.

AFDB to Increase Egypt’s Energy Sector Financing

African Development Bank Group (AFDB) aims to increase its funding to Egypt in the coming period to implement projects in the energy sector.

GE to Build Monitoring Center in Egypt’s Benban Solar Park

The Egyptian Electricity Transmission Corporation (EETC) and GE Grid Solution, a General Electric (GE) company, signed a contract to establish a monitoring center in the Benban Solar Park in Aswan.

Saudi Arabia to Build Solar Panel Factory

The Saudi Industrial Development Fund (SIDF) has signed an agreement with Masdar for the construction of a solar panels factory that will be the largest in the Arab world.

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.

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