solar power | Egypt Oil & Gas - Part 4
Solar Power Companies Consider Exiting FiT
Seven solar power companies that signed on projects under the terms of the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs, according to Al Borsa. The c...
El Sewedy in Talks for Benban Solar Power Plant loan
El Sewedy Electric is in talks with financial institutions for a loan to fund its 50MW solar power plant project in Benban as part of the feed-in tariff (FiT) program, according to the Egyptian Exchange. El Sewedy has... ADFD, IRENA to Fund Niger Power Project
The Abu Dhabi Fund for Development (ADFD), in partnership with the International Renewable Energy Agency (IRENA), backs an energy project, which aims to provide power to 150,000 people in Niger, Ecofin Agency reported...
Oman to Select Consultants for First Large Solar Project
The Oman Power and Water Procurement Company (OPWP) is expected to select consultants for advising the Sultanate’s government on the country’s first large-scale solar project during December, Times of Oman reported. P...
Namibia Mulls Solar Power Export
Namibia’s Karas Governor, Lucia Basson, said the region has the potential to supply electricity to the entire country and could produce surplus power if the massive solar potential is harnessed and unlocked, rep...
Korea to Boost Tunisia’s Solar Power by 50MW
The Tunisian Electricity and Gas Company (STEG) agreed with the Korea International Cooperation Agency (KOICA) to carryout the feasibility study for the installation of five photovoltaic (PV) solar power plants in Sou...
Egypt Paid EGP 300,000 for Rooftop Solar Power
The Egyptian power firm North Cairo Electricity Distribution Company will issue cheques amounting to EGP 300,000 for 15 entities participating in the government’s initiative to buy solar power from small plants ...
Egypt to Invest Over EGP 100b in Power
The Egyptian Minister of Electricity and Renewable Resources, Mohamed Shaker, stated that Egypt must produce a total of 21,952 MW of power until 2018, to meet local demand. This requires investments estimated at EGP 1...
