solar | Egypt Oil & Gas - Part 4

NREA to Attract $13.7b Renewables Investments

Egypt’s New and Renewable Energy Authority (NREA) aims to attract investments worth $13.7b to establish renewable energy projects with a capacity of 9,520 MW over the next seven years through tenders, direct con...

Egypt’s EFG Hermes Mulls Renewables Investments Rise

Egypt-based investment bank EFG Hermes is planning to increase the investments it manages in renewable energy from the current $831m to between $1.7 and $2.3b in the next two years, Zawya reported citing company’...

Engie Plans $490m Renewables Investment in Egypt

Engie, a French energy company, is planning to set up two power plants – wind and solar – in Egypt, an investment worth $490m, according to the company’s Regional Director for North Africa, Amin Homan Lodi, Al M...

Canada’s SkyPower Seeks Partners for India Solar Projects

Canadian solar company SkyPower is looking for partners for its India projects and will start building them in the fall of this year, its CEO told Reuters, adding it was rapidly expanding its team and activities in se...

Eni Mulls Investment in Solar Power Projects in Africa

Italian oil major Eni is ready to spend hundreds of millions of euros in developing solar power projects in Africa, the group’s CEO, Claudio Descalzi told in a parliamentary hearing in Milan, Reuters reported. D...

Nigeria to Set Up $150m Solar Power Project in Plateau State

Nigerian Panyam community, in Mangu Local Government Area of Plateau State, is to benefit from a $150m solar plant power project expected to take off before the end of this year, All Africa reported. When completed, i...

Algeria to Launch Bids for Renewable Projects

Algeria will add 4,500 MW renewable power capacity by 2020, Energy Minister, Salah Khebri said, noting that a call for expression of interest for investors will be launched soon, RenewablesSeeNews reported. The Algeri...

Egypt to Launch Tender for Solar Projects in Benban Area

In a  few days the Egyptian government will launch a tender for services needed for solar energy projects in Benban area. Services needed include security, technical, and administrative services, reported Daily News E...

Morocco Switchs on First Phase of World’s Largest Solar Plant

King Mohammed VI inaugurated Morocco’s first solar power plant on February 4th. The massive project is part of the country’s  goal of boosting clean energy output. The power plant will be located on the ed...

Renewables Account for 35% of Morocco’s Energy Mix

Morocco’s government officials announced country’s progress on its way to expand the renewable sector, as already 35% of its energy mix currently comes from green resources. The north African nation aims t...

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