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Renewables
ecomondo 2022

COP27, Ecomondo Partner of the First Mediterranean Pavilion

Posted: September 12, 2022 at 12:57 pm   /   Renewables

Twenty-seventh Conference of Parties in Sharm el-Sheikh, Egypt from 6th to 18th November. Focus on good practices to tackle the climate crisis in the area.•The Italian Exhibition Group event dedicated to the circular economy and […]

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Solar

KarmSolar to sell a minority stake to investors via a capital increase

Posted: August 30, 2022 at 1:26 pm   /   Renewables

Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand its presence in Egypt and across the region, it said in a statement. The company hopes to raise “a […]

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Huawei

Huawei showcases its latest energy solutions at “Solar Show MENA 2022”

Posted: August 29, 2022 at 8:45 pm   /   Renewables

Deng: Our leading energy solutions showcased during the expo are in support of the state’s strategy to digitally transform the energy sectorDeng: Egypt is one of the most potential solar markets in the region with […]

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toyota

SCZone, Toyota Tsusho sign MoU on low-carbon energy projects

Posted: August 21, 2022 at 11:43 am   /   Renewables

The Suez Canal Economic Zone (SCZone) and Japan’s Toyota Tsusho signed an agreement to conduct feasibility studies for joint projects in low-carbon infrastructure, renewable energy, water, green and blue hydrogen, and blue and green ammonia, the SCZone said Wednesday. […]

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Lekela

Infinity & AFC buy Lekela in Africa’s largest-ever renewables acquisition

Posted: July 19, 2022 at 8:50 am   /   Renewables

Infinity will become Africa’s largest renewables player through Lekela acquisition. Infinity + AFC just sealed Africa’s largest-ever renewables acquisition: Renewables player Infinity Group and Africa Finance Corporation (AFC) have signed an agreement to acquire 100% of […]

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taqa somabay

Somabay & TAQA Arabia inaugurate PV Solar plant, Sign Agreement to Build new Water Desalination Plant

Posted: July 5, 2022 at 9:12 am   /   Renewables

Somabay and TAQA Arabia celebrate the inauguration of a 5MW PV solar plant in Somabay owned by TAQA Arabia, the full-service energy and utility provider in Egypt. The PV station was inaugurated by Mr. Osama […]

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Key Energy 2022

Key Energy: The Road to Energy Diversification Goes Through Here

Posted: June 25, 2022 at 9:59 am   /   Renewables

From 8th to 11th November, at IEG’s Expo Centre in Rimini, at the same time as Ecomondo   The sections: Wind, Solar and Storage, Energy Efficiency, Sustainable City, E-mobility A busy conference programme organised by […]

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solar

Saudi Alhokair subsidiary FAS Energy to build $450 mn solar plant in Egypt

Posted: June 25, 2022 at 9:49 am   /   Renewables

Alhokair Group subsidiary FAS Energy is planning to invest some USD 450 mn (SAR 1.7 bn) to construct a 500 MW solar plant in Egypt in partnership with the Electricity Ministry and the Egyptian Electricity Transmission Company (EETC), FAS Energy CEO […]

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ACWA Power

ACWA Power, Hassan Allam consortium signs deal for 1.1GW wind project in Egypt worth US$1.5 bn

Posted: June 22, 2022 at 11:43 am   /   Renewables

The 1.1 GW project is one of the largest onshore wind farms in the world and the largest in the Middle East.Agreement signed during HRH Mohammed Bin Salman, Crown Prince of Saudi Arabia’s state visit […]

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Ignis-Solar

EFG’s Vortex Energy invested €222 mn in Spanish solar firm Ignis Energia

Posted: June 8, 2022 at 1:13 pm   /   Renewables

Vortex Energy has made more than a third of its planned EUR 625 mn investment in Ignis Energia: EFG Hermes’ energy investment platform Vortex Energy has so far invested EUR 222 mn of equity capital into Ignis […]

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