EBRD, ICD to Provide $57 million for Solar Project
The European Bank of Reconstruction and Development (EBRD) will provide $28.5 million in financing for a solar plant in Aswan.
solar | Egypt Oil & Gas - Part 2
Mozambique to Develop First Solar PV Power Plant
Mozambique is planning to develop its first solar photovoltaic (PV) power plant. The project will be funded by a consortium of financiers.
Egypt’s Government Finalized the Energy Strategy
The total investments needed by the sectors of electricity and Petroleum until 2022 amount to $75b. Alfanar Energy Signs PPA for 50 MW Solar Plant
Alfanar Energy recently signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC).
Norway’s Scatec to Lauch Solar Projects in BenBan
The Norwegian project developer Scatec Solar signed 25-year solar projects with the Egyptian government. All the schemes are located in BenBan area near Aswan.
South Korea in Talks to Fund Solar Power Plant in Hurghada
South Korea is in talks to fund a 20MW solar power plant in Hurghada.
Egypt and Saudi Aramco to Discuss Shipments
The Egyptian General Petroleum Corporation(EGPC) and Saudi Aramco will hold meetings by April 2017 to set the supply schedule and quantities required according to Egypt's needs of petroleum products. Nigeria Mulls Investment in Solar Power Projects
Senators in the capital of Abuja are debating allocation of $30m to solar projects in 2017’s budget.
ADFD to Inject $50m into Renewables
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially launched the a $50m round of funding for renewable energy projects in developing countries.
