Madkour Group awarded electrical works for Toshka Development project
Madkour Group awarded electrical and mechanical works for South Valley Development Project in Toshka. According of the state’s interest in major national projects in the field of agriculture and in a major step towards achieving self-sufficiency in wheat, the scope of electrical and mechanical works for the South Valley Development Project in the Toshka region […]
Siemens Energy to power Alexandria’s Bashaer El Khair City in Egypt
Bashaer El Khair is part of a national project to set up urban modern cities to drive the country’s economic and social development. Project set to supply power from national grid to feed new residential complex. In a new move aimed at improving the resilience of Egypt’s power transmission network, Siemens Energy has been selected […]
Egypt in talks with investors, traders to develop EuroAfrica electricity link
SFE in talks with investors, energy traders to develop EuroAfrica electricity link: The Sovereign Fund of Egypt (SFE) has opened talks with European infrastructure investors and energy traders to join it in investing in the EuroAfrica transmission link and import electricity from Egypt, CEO Ayman Soliman tells Bloomberg. Egypt signed on to the USD 4 […]
Hitachi ABB Power Grids signs contract with GCCIA to improve infrastructure, paving way for Egypt-KSA connection
Hitachi ABB Power Grids awarded three-year contract by Gulf Cooperation Council Interconnection Authority to improve the power infrastructure using innovative system models and pave the way for the connection between Egypt & KSA GCCIA signs up to Hitachi ABB Power Grids’ new reliability-based digital ‘RelCare’ service solution for optimized asset lifecycle management Hitachi ABB Power […]
Electricity generation capacity glut forces companies to think smaller on solar
Qalaa Holding’s TAQA Arabia will be focusing on small-scale solar projects to the tune of 2-10 MW in Egypt for the next two years, as the government slows down reliance on renewables amid a production glut, the company’s project director Mohamed Osama said at a webinar hosted by EQ Magazine and the Middle East Solar […]
Egypt cancels construction of 200 MW West Nile Delta solar project
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt, considering that Egypt had reached surplus electricity in a context of low electricity demand. However, it hasn’t cancelled the tender for 600 MW of projects that will […]
Blackstone Group’s Zarou to invest $1 bn in energy projects in Egypt this year
Blackstone Group’s Zarou is looking to invest $1 billion in the Egyptian market in 2020, the company’s CEO, Sameh Shenouda, revealed. The company has managed and injected investments into several water, electricity, as well as oil and gas projects, Shenouda added in a cabinet statement on Thursday. Moreover, the Egyptian government is cooperating with Zarou in […]
How Egypt banks on renewables to meet expected surge of energy demand: Op-Ed by Toufik Khitous, Wärtsilä Energy Business
Op-ed, By Toufik Khitous, Business Development Manager for North Africa, Wärtsilä Energy Business. To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population has now passed 100 million. As one […]
Hitachi ABB Power Grids to Transform Egypt into Africa’s Energy Hub
10 Billion USD Hitachi ABB Power Grids to Transform Egypt into Africa’s Energy Hub ● Hosseiny: “Since 1928, Hitachi ABB Power Grids has well-established its brand in the Egyptian market, optimizing its business volume by graciously investing in its seasoned human assets. Currently occupying 15-20% of production, the company has dilegently sough-after boosting exports, transforming […]
Egypt to contract Schneider, GE for electricity control centers worth EGP 8 bn
The Electricity Ministry is planning to sign in August some 15 contracts worth over EGP 8 bn on a turnkey basis to set up localized and regional energy control centers, Al Mal reports, quoting ministry officials. France-based Schneider Electric will reportedly be awarded 14 of the 15 contracts to build centers in Greater Cairo, Minya, […]
