Rystad: Egypt on track to become Africa’s ‘green powerhouse’ by 2025
Africa’s renewable energy capacity is set for consecutive years of growth, exceeding 50 GW in 2025 Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows. The continent’s capacity is forecast to reach 16.8 GW in 2020, add another […]
Winteshall Dea switches its Mittelplate platform to be powered by renewables
Mittelplate: Switch to 100% green power from shore will significantly reduce CO2 emissions Drilling and production island to eliminate up to 36,000 tonnes of CO2 per year “Power from shore”: island to be powered by certified power from 100% renewable energy sources Another concrete step towards lower emissions and improved climate protection All production sites […]
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 […]
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’s natural gas exports, renewables more than doubled in 2019 – BP
Egypt had a good year in 2019 for natural gas exports and renewables, according to BP: Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019, up from 2 bn cbm in 2018, BP said in its annual Statistical Review of World Energy. The report said that 1.7 bn cbm were exported […]
Voltalia: Renewables could be the next big winner in Post-Covid Egypt
OPINION: In recent months there have been important developments that mark a sea-change in the potential for renewables in Egypt. If the Government can address the final remaining challenges, Egypt could be on the path to become a regional renewable leader by 2035. * by Karim El Azzawy, Country Manager, Voltalia Egypt and Craig Windram, […]
New Net Metering Rules in Egypt – by Riad & Riad Law Firm
On 28 April 2020, the Egyptian Electricity Utility and Consumer Protection regulatory Agency (“EgyptERA”), as the regulator of the electricity market, issued new rules for net metering. Net Metering is a system allowing customers to establish solar plants within their premises to meet all or part of their needs from electricity and feed any surplus […]
Wärtsilä publishes an Interactive Atlas of 100% Renewable Energy
Wärtsilä publishes open access interactive map indicating potential of cost-optimal 100% renewable electricity systems. Wärtsilä’s interactive map Atlas of 100% Renewable Energy provides valuable information on the potential of renewable energy in relation to geographical regions and their solar and wind conditions. Technology group Wärtsilä published on its website an extensive interactive map Atlas of […]
BMI: Why Egypt looks set to be regional leader in electricity for next nine years
Fitch Solutions’ BMI Research Egypt Power report on Egypt’s electricity sector is on track to generate an exportable surplus. The report sees Egypt increasing power generation to 265 terawatt hours (TWh) by 2023 from 231.5 TWh this year. This will allow it to generate a surplus even as domestic demand rises to 234.9 TWh by […]
Lekela starts construction of 250 MW West Bakr wind farm in Ras Ghareb, Egypt
Work has now started on the West Bakr wind project site in Ras Ghareb, Egypt. The 250 MW project is being developed by Lekela, an Independent Power Producer (IPP). Construction of the West Bakr wind project is currently underway. Work has recently been launched at a ceremony attended by several Egyptian officials, including the Minister […]
