solar plants | Egypt Oil & Gas

Revolta to Establish Egypt’s First EV Manufacturing Factory

Revolta Egypt aims to build the country’s first electric vehicle (EV) manufacturing factory and maintenance centre in H2 2019, in addition to a 5 megawatt (MW) solar plant in Ain Sokhna, according to Zawya. The EV fac...

EETC to Increase Cost Sharing Value by 25% for Benban Projects

The Egyptian Electricity Transmission Company (EETC) decided to boost the value of cost sharing by up to 25% for Benban solar projects for the second time, sources at the company told Al Borsa News. The investors were...

Alcazar Completes 200 MW Solar Plants in Aswan

Alcazar Energy has completed the construction of four solar power plants in the Benban complex in Aswan, with a total capacity of 200 megawatts (MW), Daniel Calderon, Alcazar’s Co-founder and CEO, told Al Borsa ...

Governor Inaugurates Aswan Solar Installation

Four new solar plants in Benban have been inaugurated by Aswan Governor Magdy Hegazy and the Chinese consul in Cairo, Amwal Al Ghad reported. The new plants were constructed by an international consortium made up of f...

ACWA Power Reaches Financial Closure of 3 Solar Plants in Answan

Saudi Arabia’s ACWA Power Company reached the financial closure for the development, construction, and operation of solar power projects at the Benban complex in Upper Egypt’s Aswan, Al Ahram Newspaper reported....

Egypt to tender 500 MW solar plants in 2018

The Egyptian Ministry of Electricity and Renewable Energy plans to launch tenders for the establishment of 500 MW solar power plants during the first quarter of 2018, Al Borsa News reported. Arab and international fir...

Egypt to Increase Local Component of Wind Farms to 40%

Currently the local component of wind farms is estimated at 30%, with the aim to increase renewal energy manufacturing to 40% in wind farms and 30% in solar power plants, Egyptian Minister of Petroleum and Renewable E...

Scatec Solar to Invest $500m in Egypt

Egyptian Minister of Investment and International Cooperation, Sahar Nasr, met with Regional Director of Norwegian Scatec Solar, Morten Langsholdt, and discussed Egypt’s renewable energy plans, reported Al Ahram...

Namibia Receives 250 Solar Units from Netherlands

The Dutch Minister of International Trade and Development, Lilianne Ploumen, donated 250 solar units to groups of Namibian children living in households without electricity, which were distributed via established welf...

Saudi Arabia Seeks Investors for Solar Plants

Saudi Electricity Co. (SEC) is seeking bids from international developers to build two solar-power plants in Al-Jouf and Rafha in the north of the country, Reuters reported. As much as 50MW of capacity will be develop...

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