solar power | Egypt Oil & Gas
Scatec Secures $217 Mn Financing for Egypt’s Dandara Solar Project
Scatec has secured $217 million in non-recourse financing for the first phase of the Dandara solar and battery energy storage project in Egypt and is starting construction, said the Norwegian renewable energy company....
Egypt Signs $650Mn Financing Terms for One GW Solar Project
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of preliminary financing terms for a $650Mn solar power project in Nag Hammadi, Qena Governorate, Upper Egypt, with a planned capacity of one gigawatt (GW...
China’s Solar Panel Exports Fall 6.4% YoY in September
China’s exports of solar cells and panels by weight fell 6.4% year on year (YoY) in September to 1.21 million metric tons (mmt), Reuters reported on October 18, citing customs data. The volume increased from 840,000 m...
Egypt Seals $1.8 Bn Renewable Energy Deals with China, Norway
Egypt has signed agreements worth over $1.8 billion with Norway’s Scatec and China’s Sungrow to develop two major renewable energy projects, marking a significant expansion of the nation’s green energy infrastructure,...
Abu Qir Fertilizers Secures License to Operate 2.6 MW Solar Plant for Self-Consumption
Abu Qir Fertilizers and Chemical Industries obtained a 15-year license from the Egyptian Electric Utility and Consumer Protection Regulatory Agency to operate a 2.6 megawatt (MW) solar power station, according to a di...
Scatec to build a Major Hybrid Solar plant with Battery Storage in Egypt
Norwegian renewables developer Scatec has received the cabinet’s approval to proceed with a major hybrid solar and battery storage project in Egypt, which can produce 100 megawatts (MW) of power around the clock...
Scatec Signs Agreements for 1.1 GW Obelisk Hybrid Project in Egypt
Norwegian renewable energy company Scatec has signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in Egypt. The project includes a 1.1...
ADNOC Distribution, Emerge Launch Second Solarization Phase for Abu Dhabi Stations
ADNOC Distribution announced the launch of the second phase of its service station solarization program in cooperation with Emerge, a joint venture between Masdar and the EDF Group. This initiative aims to enhance sus... 
