Siemens Gamesa acquires 97% of wind energy market share in Egypt
Siemens Gamesa Renewable: The largest wind energy company in Egypt. The company acquires 97% of the market share of wind energy in Egypt and 53% in Africa. Gabel El Zayt and Zaafarana are the largest projects in the Egyptian market and the company contributes 986 MW of wind energy in Egypt to date. Siemens is […]
IRENA’s Director meets President Sisi to discuss Egypt’s energy future
Mr. Adnan Z. Amin, Director-General of the International Renewable Energy Agency met Egyptian President Abdel Fattah el-Sisi yesterday during a high-level visit to the country. Mr. Amin was in Cairo to launch the Agency’s Renewable Energy Outlook: Egypt report, during the first Egypt Renewable Energy Conference co-organised by IRENA, the Ministry of Electricity and Renewable Energy, and the […]
Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park
Egypt’s New and Renewable Energy Authority NREA and the Spanish energy giant TSK Grupo signed on Thursday a contract to set up a 26 MW photovoltaic plant, also known as a solar park, in Kom Ombo in Aswan, Upper Egypt, valued at a total of 20 million euros. “The plant will be built over an […]
Egypt inaugurates first phase of 1.8 GW Benban solar park
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 […]
Masdar plans to invest in 500 MW of solar power generation in Egypt
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 plans to develop solar power plants with a combined capacity of 500 MW, authority sources told Al Mal. The plants […]
Masdar eyes investment opportunities in Egypt's wind energy sector
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 Japan’s Marubeni to develop about 800 MW of wind projects across the country. “Basically we will put our portfolio together […]
Egypt to build MENA's largest wind farm in the Gulf of Suez
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 largest wind farm in the Middle East, located in the Gulf of Suez, funding the project through investments of several […]
The latest on Egypt’s burgeoning renewable energy sector
Egypt’s renewable energy sector under the second feed-in tariff program has been on a tear in the past couple of weeks. Herewith, a roundup of recent developments, including news yesterday and overnight (background here, here and here): International institutional interest in solar helps 30 companies close on power plants: The International Finance Corporation has been […]
Five companies prequalify for Gulf of Suez wind farm tender
Five companies have reportedly entered the race for the New and Renewable Energy Authority (NREA)’s 250 MW wind farm project in the Gulf of Suez, Al Borsa reports. Among the bidders are Vestas, Siemens, Enercon, Ray Power, and a consortium comprised of Power China and Goldenwind. 21 companies, including Lekela Power, Nordic Power, and Orascom […]
Siemens reportedly offers to build 10 GW wind farm, blade & turbine factory
Siemens has reportedly offered to build a 10 GW wind farm in an undisclosed location in Egypt, according to an unnamed source at the electricity ministry, Al Borsa reported. Siemens is also reportedly set to build a factory to produce blades and turbines for potential export, the source said, adding that the New and Renewable […]
