Egypt Signs Loan Facility Worth $653M for Solar Plants

• Monday, 30th October 2017
• by Sarah Samir

The Egyptian government signed 13 agreements with a banking consortium led by the International Finance Corporation (IFC) to fund the construction of 13 solar-power plants with a total capacity of 590 megawatts (M ...

AfDB to Finance Three Projects within Egypt’s FiT Program

• Sunday, 18th June 2017
• by Dr. Mahinaz El-Baz

The African Development Bank (AfDB) is considering financing three projects within the Feed-in Tariff (FiT) program in Benban, Aswan for $60m.

SN to Fund Solar Energy Companies in Nigeria

• Thursday, 30th March 2017
• by

Solar Nigeria Program (SN) will provide additional $16.17m to reputable solar energy companies in Nigeria to assist their ongoing projects. The grant would help strong companies to accelerate their expansion to provi ...

Egypt Allocated $440m for Renewables

• Wednesday, 29th March 2017
• by Sarah Samir

New and Renewable Energy Authority (NREA) allocated around $440m for renewable energy projects in fiscal year 2017/2018 compared to $220m in 2016/2017.

Spain to Invest in Egypt’s Solar Energy Sector

• Wednesday, 8th March 2017
• by Dr. Mahinaz El-Baz

Spain is planning to pump new investments into Egypt to produce solar cells in the coming period, Egyptian Minister of Trade Tarek Qabil announced.

Three Companies Make It to FiT phase(1)

• Monday, 27th February 2017
• by Dr. Mahinaz El-Baz

The Egyptian Electricity Holding Company chief ,Eng. Gaber El Dessouky, said that three companies out of nine made the cut for phase one of FiT program.

Egypt Aims for New Solar Projects

• Monday, 6th February 2017
• by Dr. Mahinaz El-Baz

Egypt's Minister of Industry and Trade, Tarek Kabil, announced that the ministry will establish a new solar energy project for industrial purposes within the next five years, in cooperation with the United Nations' I ...

Solar Energy Companies Threaten to Withdraw from FiT

• Wednesday, 1st February 2017
• by Dr. Mahinaz El-Baz

More energy companies could be withdrawing from phase one of the feed in tariff (FiT) program if the Electricity Ministry doesn’t respond to their financial and technical offers soon.

Infinity Solar Linked Plants to Power Grid

• Monday, 16th January 2017
• by Sarah Samir

Infinity Solar Company connected two power plants to the national electricity grid as part of development project of Bashayer El-Khair 1 at Gheit El-Enab area in Alexandria.

Firms Invest $3b in Phase II of FiT

• Sunday, 15th January 2017
• by Sarah Samir

Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW.