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Renewables

EFG Hermes' Vortex Energy closes €550 million wind farm deal

Posted: June 19, 2016 at 9:08 pm   /   Renewables

Egypt’s EFG Hermes said on Thursday that its renewable energy platform, Vortex, had bought a 49 percent stake in an operational 664 MW portfolio of European wind assets from EDP Renovaveis for 550 million euro […]

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Forbes: Egypt continues diversification push with wind, gas efforts

Posted: June 2, 2016 at 1:56 pm   /   Oil & Gas, Renewables

After announcing a new solar push last week, Egypt will soon consider new wind and natural gas efforts as a part of a broader energy diversification push. Faced with energy uncertainty in recent years and […]

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Italian TerniEnergia lands $19.2 million order for solar project in Egypt

Posted: June 2, 2016 at 1:41 pm   /   Renewables

TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, within the internationalization […]

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Video: Reaching New Heights – Wind Power (Siemens)

Posted: June 2, 2016 at 1:27 pm   /   Renewables

Reaching new heights with the construction of the Siemens concrete wind turbine tower technology. http://sie.ag/1Rdixj4 (Source: Siemens AG)

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Video: ‪Egypt’s Future Energy Mix An Investor’s Perspective | Egypt Energy Forum‬

Posted: May 19, 2016 at 1:46 pm   /   Oil & Gas, Renewables

Deb Frodl, Global Executive Director, ecomagination – GE Egypt Energy Forum – A World Future Energy Summit event World Future Energy Summit 2016, Abu Dhabi, UAE | 18–21 Jan 2016 (Source: World Future Energy Summit)

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Eni announces a new and original model of integration between its traditional business and energy from renewable sources

Posted: May 13, 2016 at 1:42 pm   /   Oil & Gas, Renewables

In Italy, Pakistan and Egypt, Eni will implement new renewable energy generation projects in the vicinity of the company’s plants in order to make the most of all possible industrial, logistic, contractual and commercial synergies […]

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Lekela Power to begin Banban plant construction in October with $90 million investments

Posted: May 11, 2016 at 7:46 pm   /   Renewables

The company has put forward a competitive tender between five or six international entities. Lekela Power will begin construction of a solar energy plant with a 50MW capacity in Banban, Aswan with $90m investments. Construction […]

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Kaco New Energy targets $500 million investment in Egypt during 4 years

Posted: May 11, 2016 at 5:08 pm   /   Renewables

Kaco has partnerships with Italian and Chinese companies, in addition to Orascom Construction Industries SAE in Banban. Kaco New Energy CEO Kaddour Essersi said that the company targets boosting investments in the Egyptian market by […]

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Scatec Solar to invest $650 million in 5 solar energy projects in Egypt

Posted: May 10, 2016 at 12:29 pm   /   Renewables

Negotiations with seven international banks to finance 70% of the project, most notably IFC and EBRD. Scatec Solar company seeks to pump $650m in renewable energy investments to establish five solar energy projects with a […]

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ENGIE to invest $490 million in two solar and wind energy projects

Posted: May 5, 2016 at 8:01 pm   /   Renewables

ENGIE, the French energy company, is planning to set up two plants for generating  power from sun and wind in Egypt, with $ 490 million investments, according to the company’s Regional Director for North Africa […]

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