Newsletter subscribe
Renewables
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 […]

No Comments read more
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 […]

No Comments read more
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 […]

No Comments read more
renewable-energy

Elsewedy Electric eyes $1.5 billion investment in African renewables this year

Posted: June 6, 2022 at 11:14 am   /   Renewables

Elsewedy Electric could invest as much as USD 1.5 bn in three renewable energy projects in Africa before the end of the year, CEO Ahmed Elsewedy told us, confirming reports by Hapi Journal. Nothing is set in stone: Elsewedy cautioned that […]

No Comments read more
total-eren-enara-green-hydrogen

Total Eren, Enara Capital to build green ammonia facility in Egypt’s SCZone

Posted: May 14, 2022 at 12:58 pm   /   Renewables

Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a […]

No Comments read more
Eni

Eni to work on Egypt’s first-ever carbon capture pilot project

Posted: May 8, 2022 at 11:49 am   /   Renewables

Oil Ministry announces launch of Egypt’s first pilot carbon capture project with Eni + raft of other green energy initiatives. The Oil Ministry and Eni are implementing a pilot carbon capture project at the Italian energy […]

No Comments read more
scatec

Scatec issues green bonds worth $335 mn to refinance projects in Egypt

Posted: May 6, 2022 at 3:20 pm   /   Renewables

Norway’s Scatec has issued green bonds worth $335 million to refinance six solar projects in the southern Egyptian city of Aswan, a statement by the Egyptian cabinet issued on Wednesday said. The projects have a […]

No Comments read more
Masdar

Masdar signs landmark agreements to develop 4 GW green hydrogen plants in Egypt by 2030

Posted: April 26, 2022 at 2:34 pm   /   Renewables

• Masdar and Hassan Allam Utilities sign Memorandums of Understanding with entities including The General Authority for Suez Canal Economic Zone, New and Renewable Energy Authority, the Egyptian Electricity Transmission Company and The Sovereign Fund […]

No Comments read more
Hydrogen

EDF Renewables, ZeroWaste sign agreement for $3bn green ammonia production in Egypt

Posted: April 21, 2022 at 1:55 pm   /   Renewables

Egypt’s Suez Canal Economic Zone (SCZONE) has signed a memorandum of understanding (MoU) with a consortium of EDF Renewables and ZeroWaste for the production of 350,000 tonnes of green fuel annually in the Ain Sokhna […]

No Comments read more
maersk

Maersk inks new deals in Egypt to speed up green fuel production

Posted: March 30, 2022 at 7:46 pm   /   Renewables

Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping. Following the recent fuel sourcing […]

No Comments read more