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Renewables

Scatec Solar and partners sign Power Purchase Agreements for 400 MW in Egypt

Posted: April 20, 2017 at 2:13 pm   /   Renewables

Scatec Solar and partners have signed 25-year Power Purchase Agreements for delivery of electricity from six solar plants totaling 400 MW (DC) with the Government of Egypt. The signing ceremony took place in Cairo on […]

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Italgen interested in investing $350 million in wind farm at Zaafarana

Posted: April 11, 2017 at 1:22 pm   /   Renewables

Italgen is considering investing USD 350 mn in a 350 MW wind farm in Zaafarana, according to an emailed statement. CEO Giuseppe de Beni discussed the project with Investment and International Cooperation Minister Sahar Nasr. […]

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Lekela Power to sign $350 million agreement for 250 MW wind farm in current quarter

Posted: April 10, 2017 at 1:08 pm   /   Renewables

Agreement with the government over the establishment to be signed soon. Lekela Power for New and Renewable Energy intends to sign an agreement with the government to establish a wind farm in the second quarter […]

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UN body to certify Scatec Solar projects in Africa including Benban

Posted: February 21, 2017 at 12:37 pm   /   Renewables

The United Nations Framework Convention on Climate Change (UNFCCC) will certify and credit carbon emissions avoided from solar electricity generated by three Scatec Solar power plants in Africa, with Egypt’s Benban project undergoing validation. The […]

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Electricity Ministry freezes negotiations with Siemens over 2 GW wind farm

Posted: December 20, 2016 at 12:18 pm   /   Renewables

The Electricity Ministry has suspended talks with Siemens over a 2 GW wind farm due to the project’s high costs, Al Borsa reported. The Egyptian Electricity Transmission Company (EETC) had been looking to reprice the […]

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Pannelli solari su pozzo in produzione

Eni to implement renewable energy projects in Egypt

Posted: September 30, 2016 at 2:48 pm   /   Renewables

The implementation of renewable energy projects in the country will allow for a reduction in the use of natural gas in electricity generation. Eni and the Egyptian Authorities have agreed on a common strategy to […]

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Siemens to select company for turbine plant design & construction

Posted: September 20, 2016 at 4:07 pm   /   Electricity & Power, Renewables

In June, Siemens signed agreements worth €8bn for high-efficiency natural gas-fired power plants, wind power installations, says CEO of Siemens Egypt. Daily News Egypt interviewed Emad Ghaly, CEO of Siemens Egypt, to talk about the […]

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Danish wind turbine manufacturer Vestas expected to sign $2.3bn Egypt agreement

Posted: August 24, 2016 at 7:10 pm   /   Renewables

Shares in Danish wind-turbine maker Vestas rose almost 5 percent on Monday after a minister said it expects to sign a cooperation agreement with the Egyptian government worth up to 2 billion euros ($2.3 billion). […]

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EBRD Egypt Solar

Scatec Solar hoping for compromise deal to keep Egypt solar scheme

Posted: August 17, 2016 at 4:13 pm   /   Renewables

A group of developers, including Scatec Solar, are renegotiating the terms of their power purchase agreements (PPA) with the Egyptian government in an effort to keep them on the existing timetable. Enel Green Power had […]

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Siemens reportedly offers to build 10 GW wind farm, blade & turbine factory

Posted: August 5, 2016 at 9:44 pm   /   Renewables

Siemens has reportedly offered to build a 10 GW wind farm in an undisclosed location in Egypt, according to an unnamed source at the electricity ministry, Al Borsa reported. Siemens is also reportedly set to […]

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