Siemens Gamesa Renewable Energy announced a 262 MW order for Ras Ghareb wind farm, located in Egypt’s Gulf of Suez, Renewables Now reported. The order was signed in Q4 2017 and was secured from a consortium involving ...
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...
As a part of a broader energy diversification push in Egypt and after announcing a new solar push recently, Egypt will soon consider new wind and natural gas efforts, according to Bloomberg. In fact, this week, Denmar...
The implementation of the 50MW wind power generation project in Tanzania, estimated to cost $136m, is likely to be delayed following the government’s decision to withdraw from guaranteeing the project, the Daily News ...
The wind power installed capacity in China will increase from approximately 149GW in 2015 to over 495GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to Renewable Energy Focus. China has ...
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-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’...
Energy wastage on wind farms in China worsened in 2015, as plunging utilization rates kept 33.9bkWh from being delivered to the grid, which is the equivalent of 20% of total generated wind power, the energy regulator ...
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...
Morocco’s recent bid round for 850MW of large-scale wind energy projects may have set the record for lowest production costs at an average of $30/MWh, Clean Technica reports. Some bids were as low as $25/MWh. The pric...