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Tag: Electricity Ministry
Benban

Egypt to inaugurate Benban solar park in November

Posted: October 19, 2019 at 3:55 pm   /   Renewables

Egypt will inaugurate the USD 2 bn, 1.4 GW Benban solar energy park in Aswan at the end of November, Electricity Minister Mohamed Shaker said, Al Mal reported. Twenty-nine plants have already been linked to the national grid and began commercial operations. Egypt aims to produce 20% of its energy needs from renewable sources by […]

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Siemens

Siemens awarded series of five-year grid studies on energy transmission network

Posted: August 8, 2019 at 4:49 pm   /   Electricity & Power

Egypt signs contract with Siemens to develop national electricity grid Siemens AG will conduct a series of five-year studies on Egypt’s electricity distribution grid to “identify the feasibility of deploying different advanced energy technologies,” the company said in a press release. Under a contract with the Egyptian Electricity Holding Company (EEHC), Siemens will analyze and […]

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Siemens

Egypt mulls offers from Zarou, Edra to take over Siemens Power Plants

Posted: May 28, 2019 at 4:38 pm   /   Electricity & Power

Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd of Malaysia to take over three power plants co-built by Siemens AG — a move that could cut the North African nation’s debts while bringing in much-needed foreign investment. Both Blackstone’s Zarou Ltd. and Edra have voiced interest in the […]

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Electricity

Egypt-Sudan electricity link to start by year end with 100 MW capacity

Posted: October 30, 2018 at 4:26 pm   /   Electricity & Power

The project’s first phase are progressing well, as about 91% of drilling work is completed. Egypt is to start operating the electricity link with Sudan with a capacity of 100 megawatts (MW), by the end of this year. Government sources told Daily News Egypt that the implementation rates of the project’s first phase are progressing […]

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Eni Solar

Eni reportedly to build solar power station in Egypt under IPP framework

Posted: April 29, 2018 at 5:15 pm   /   Renewables

Eni one of five companies looking to build solar power station under IPP framework? Eni is reportedly one of five companies that have approached the Electricity Ministry with offers to build solar power stations under an Independent Power Producer (IPP) framework, sources said yesterday. The Italian company is looking to develop a 50 MW project […]

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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 be largest in the world upon completion at 1.8 GW total capacity, Arabic Ahram news website reported. The event marks […]

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Agreement signed to link Egypt, Cyprus, Greece via subsea power cable

Posted: March 11, 2018 at 9:08 pm   /   Oil & Gas

Cyprus and Egypt have agreed on the route of a 1,707-kilometre sub-sea power cable that will link the grids of the two countries to that of Greece, EuroAfrica Interconnector, the company behind the project said. The cable, named after the company, “will connect the electricity grids of Egypt, Cyprus, and Greece with Europe has entered […]

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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 50-megawatt (MW) solar power plant next April. The plant will be built in Abu Rudeis city in South Sinai Governorate […]

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Egypt plans to add 20,000 MW to its energy capacity in 2 years

Posted: January 21, 2018 at 7:44 pm   /   Electricity & Power

19.2m tonnes of mazut equivalent saved per year in fuel consumption at production plants. Daily News Egypt obtained a copy of the national plan to improve energy efficiency in Egypt for 2018-2020. This plan is the second in place to improve energy efficiency in Egypt. The government took into account the challenges that faced the […]

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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 Round 2 for 165.5MWp total capacity within the Feed-in-Tariff (FiT) program. • ACWA Power had signed the Power Purchase Agreement […]

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