Egypt, EU sign Memorandum of Understanding for energy cooperation
Electricity & Power / Oil & Gas / Renewables

Egypt, EU sign Memorandum of Understanding for energy cooperation

Egypt and the European Union continue to share strong bilateral energy relations as well as an understanding of the opportunities and challenges facing the region. Partnership in the energy sector comes on top of the areas of common interest between Egypt and the EU in view of its importance as a driver of economic growth … Continue reading

Egypt signs contract for $400 mn Gulf of Suez wind farm
Renewables

Egypt signs contract for $400 mn Gulf of Suez wind farm

The project is expected to produce 250 MW of energy. The state-owned Egyptian Electricity Transmission Company on Tuesday signed an agreement with a Toyota-Engie-Orascom alliance to establish and develop a wind farm in the Gulf of Suez. The prime minister Sherif Ismail, the minister of electricity Mohammed Shaker, the minister of investment and international cooperation … Continue reading