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Tag: NREA

The latest on Egypt’s burgeoning renewable energy sector

Posted: November 2, 2017 at 7:43 pm   /   Renewables

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 […]

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Five companies prequalify for Gulf of Suez wind farm tender

Posted: July 3, 2017 at 1:39 pm   /   Renewables

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 […]

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Siemens reportedly offers to build 10 GW wind farm, blade & turbine factory

Posted: August 5, 2016 at 9:44 pm   /   Renewables

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 […]

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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 capacity of 250 MW, according to the company’s CEO Raymond Carlsen. Carlsen sat down for an interview with Daily News […]

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EDF signs 5 MOUs and gets set for development of renewable energy in Egypt

Posted: April 20, 2016 at 10:45 pm   /   Renewables

On the occasion of the State visit by the President of the French Republic, François Hollande, EDF has signed five memoranda of understanding thus confirming its strategy for developing low carbon energy in Egypt. Three of these agreements concern the future development of EDF Energies Nouvelles projects in wind power and solar energy in partnership […]

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ENGIE signs LNG and renewable energy agreements with Egypt

Posted: April 19, 2016 at 7:36 pm   /   Oil & Gas, Renewables

Firstly, a cooperation agreement for further development of renewable energy with the National Renewable Energy Association (NREA) and the Egyptian Electricity Transport Company (EETC). On the occasion of  the State Visit of President François Hollande of the French Republic to Egypt, Isabelle Kocher, Deputy CEO and Chief Operating Officer of ENGIE, has signed today two […]

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Spain's Gamesa wins EPC contracts for two wind farms in Egypt with combined capacity of 160 MW

Posted: April 7, 2016 at 2:27 pm   /   Renewables

The company will install 80 of its G80-2.0 MW turbines in the Gabbal El Zayt region, located along the Red Sea coastline. Gamesa, a global technology leader in wind energy, has secured two new EPC orders* for the construction of two wind farms in Egypt. The facilities will have combined capacity of 160 MW and […]

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