2:01 pm BP buys 25% stake in Eni’s Nour concession offshore Egypt
2:02 pm Siemens Gamesa acquires 97% of wind energy market share in Egypt
12:34 pm Eni to drill tenth well in Egypt’s Zohr natural gas field next January
1:11 pm Rosneft applies for natural gas import license in Egypt
7:15 pm El Molla at Rome MED 18: Italy is Europe’s energy gateway
7:11 pm US firms interested in Egypt’s offshore oil & gas exploration tenders
Siemens Gamesa acquires 97% of wind energy market share in Egypt
Siemens Gamesa Renewable: The largest wind energy company in Egypt. The company acquires 97% of the market share of wind energy in Egypt and 53% in Africa.Gabel El Zayt and Zaafarana are the largest projects […]
KarmSolar, EBRD sign mandate for financing 10MW solar station in Egypt
KarmSolar, EBRD sign mandate letter for financing 10MW solar station under Power Purchase Agreement for Egyptian private off taker. KarmSolar and the European Bank for Reconstruction and Development (EBRD) signed a mandate letter today through […]
Enara to invest $200 million on solar projects in Egypt with 200 MW capacity
Sherif El-Gabaly, chairperson of Enara Capital, said that they are negotiating with the government to implement solar power plants with a capacity of 200MW and investments worth $200m. This is along with the projects that […]
IRENA: Egypt can generate over 50% of its electricity with renewable energy
IRENA’s new ‘Egypt Renewable Energy Outlook’ report shows renewables could present cost savings of USD 900 million annually. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report […]
IRENA’s Director meets President Sisi to discuss Egypt’s energy future
Mr. Adnan Z. Amin, Director-General of the International Renewable Energy Agency met Egyptian President Abdel Fattah el-Sisi yesterday during a high-level visit to the country. Mr. Amin was in Cairo to launch the Agency’s Renewable Energy […]
Blackstone launches new MENA focused Energy Development Company
Private Equity Funds managed by Blackstone today announced a partnership with an experienced management team, led by Sameh Shenouda, the former Head of Infrastructure Equity Investments at CDC Group, the UK government-owned Development Finance Institution […]
Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park
Egypt’s New and Renewable Energy Authority NREA and the Spanish energy giant TSK Grupo signed on Thursday a contract to set up a 26 MW photovoltaic plant, also known as a solar park, in Kom […]
KarmSolar to raise EGP 500 million for first phase of expansion plan
Attijari Finances signs an agreement with KarmSolar to act as Advisor and coordinator for the fastest growing Egyptian solar energy company. KarmSolar, Egypt’s fastest growing solar energy solutions company, has signed an agreement with Attijari […]
TAQA Arabia, Hassan Allam break ground on EGP 1.35 bn Benban solar plant
Qalaa Holdings subsidiary TAQA Arabia and Hassan Allam Holding have begun constructing their EGP 1.35 bn, 50 MW solar power plant in Aswan’s Benban complex, Qalaa said in a statement to the EGX. The project […]
Egypt receives two bids under $0.03/kWh for 200 MW Kom Ombo solar project
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA. The Egyptian Electricity Transmission Company (EETC) will […]
