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Renewables

Egypt inaugurates first phase of 1.8 GW Benban solar park

Posted: March 16, 2018 at 2:05 pm   /   Renewables

Infinity Solar inaugurated its 50 MW power plant as part of Benban solar park. Egypt’s Minister of Electricity Mohamed Shaker inaugurated on Tuesday the first phase of Egypt’s Benban solar park in Aswan, set to […]

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

Posted: March 7, 2018 at 1:10 pm   /   Renewables

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 […]

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Eni to sign agreement for 50 MW solar power plant in Egypt

Posted: March 4, 2018 at 8:09 pm   /   Renewables

The plant will be built in Abu Rudeis city in South Sinai Governorate with $50 million in investment. The Egyptian Electricity ministry is planning to sign an agreement with Italy’s Eni to set up a […]

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World’s largest solar park under development in Benban, Egypt

Posted: February 26, 2018 at 10:54 pm   /   Renewables

The Benban Solar Park aims to reach somewhere between 1.6-2.0GW of solar power by the middle of 2019. The projects will receive no incentives, however, it will be given a 25 year contract to sell […]

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Benban solar power complex wins Thomson Reuters’ Project Finance International Award

Posted: February 9, 2018 at 8:29 pm   /   Renewables

Egypt’s solar power complex Benban, located near Aswan, set to become the largest solar park in the world, won on Wednesday the Thomson Reuters’ project Finance International Award for “Global Multilateral of the Year,” Zulficar […]

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Masdar plans to invest in 500 MW of solar power generation in Egypt

Posted: January 23, 2018 at 1:25 pm   /   Renewables

A week after its wind announcement, Masdar says it plans to invest in up to 500 MW of solar power generation capacity in Egypt. UAE’s Masdar presented the New and Renewable Energy Authority (NREA) with […]

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Masdar eyes investment opportunities in Egypt's wind energy sector

Posted: January 15, 2018 at 2:00 pm   /   Renewables

UAE clean energy firm Masdar is eyeing opportunities in “the burgeoning Egyptian wind sector,” CEO Mohamed Al Ramahi tells the National in an exclusive. The company is looking at a collaboration between Egyptian companies and […]

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ACWA Power reaches financial close for three solar plants in Benban

Posted: January 9, 2018 at 1:10 pm   /   Renewables

ACWA Power’s three Solar PV projects for 165.5MWp under Round 2 of Egypt FiT program II reaches financial close. • ACWA Power has reached financial close of three solar photovoltaic power plants in Benban under […]

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Siemens Gamesa lands 262 MW supply of wind turbines for Ras Ghareb farm

Posted: January 4, 2018 at 3:54 pm   /   Renewables

Siemens Gamesa nabs 262-MW order in Egypt Wind turbine manufacturer Siemens Gamesa Renewable Energy SA today announced a 262-MW order for the Gulf of Suez wind farm in Egypt. The order, signed in the final […]

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Egypt to build MENA's largest wind farm in the Gulf of Suez

Posted: January 4, 2018 at 1:23 pm   /   Renewables

In an effort to boost renewable energy in Egypt and establish Egypt as a leading player in environmental development, the Ministry of Electricity and Renewable Energy initiated a 5 billion pounds project to build the […]

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