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Tag: Renewable energy
Alcazar Energy

Alcazar AEES1 Solar PV project first of thirty to commence operation in Benban Solar Park Egypt

Posted: January 26, 2019 at 11:55 pm   /   Renewables

World’s Largest Solar Park’s First Round 2 PV Project Achieves Completion. Alcazar Energy’s 64 MW Solar PV plant (AEES1) is the first of thirty projects in the Benban Solar Park to complete construction and enter commercial operation. Benban will be the largest solar power installation in the world with up to 1.5 GW capacity located […]

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egypt-solar-farm

JinkoSolar, Schneider donate 55kW off-grid solar project to Sinai town

Posted: January 3, 2019 at 1:43 pm   /   Renewables

JinkoSolar and Schneider Electric have completed a 55kW off-grid solar power project in Sinai to provide 35 families with electricity, according to a company statement. Before the project, the families of Abu Ghuraqd village used diesel generators, which gave them access to power only 8 hours per day and caused both noise and air pollution. […]

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World-Bank-RISE

Egypt’s renewable energy framework one of fastest-improving globally

Posted: January 3, 2019 at 1:27 pm   /   Renewables

Egypt among fastest-improving countries in developing renewable energy regulatory framework, says the World Bank. Egypt is one of the three fastest-improving countries in terms of regulatory frameworks for renewable energy between 2010 and 2017, according to the World Bank’s Regulatory Indicators for Sustainable Energy (RISE) 2018 report. Egypt’s total RISE score — which assesses regulation […]

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siemens_gamesa

Siemens Gamesa acquires 97% of wind energy market share in Egypt

Posted: December 8, 2018 at 2:02 pm   /   Renewables

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 […]

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KarmSolar

KarmSolar, EBRD sign mandate for financing 10MW solar station in Egypt

Posted: October 30, 2018 at 4:33 pm   /   Renewables

KarmSolar, EBRD sign mandate letter for financing 10MW solar station under Power Purchase Agreement for Egyptian private off taker. KarmSolar and the European Bank for Reconstruction and Development (EBRD) signed a mandate letter today through which the EBRD will study the financing of a 10MWs solar station of KarmSolar’s Power Purchase Agreements with one of […]

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Enara

Enara to invest $200 million on solar projects in Egypt with 200 MW capacity

Posted: October 30, 2018 at 4:14 pm   /   Renewables

Sherif El-Gabaly, chairperson of Enara Capital, said that they are negotiating with the government to implement solar power plants with a capacity of 200MW and investments worth $200m. This is along with the projects that the company is implementing in Benban, Aswan, in the feed-in tariff projects. He explained that the projects will be established […]

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IRENA-Director-General-Mr-Adnan-Z-Amin-and-HE-Dr-Mohamed-Shaker-Egyptian-Minister-of-Electricity

IRENA: Egypt can generate over 50% of its electricity with renewable energy

Posted: October 14, 2018 at 6:27 pm   /   Renewables

IRENA’s new ‘Egypt Renewable Energy Outlook’ report shows renewables could present cost savings of USD 900 million annually. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook  report, released at a high-level conference in Cairo […]

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IRENAs-Amin-meets-President-Sisi

IRENA’s Director meets President Sisi to discuss Egypt’s energy future

Posted: October 14, 2018 at 6:18 pm   /   Renewables

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 […]

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Zarou

Blackstone launches new MENA focused Energy Development Company

Posted: October 9, 2018 at 3:48 pm   /   Oil & Gas, Renewables

Private Equity Funds managed by Blackstone today announced a partnership with an experienced management team, led by Sameh Shenouda, the former Head of Infrastructure Equity Investments at CDC Group, the UK government-owned Development Finance Institution (DFI) , to create Zarou, a company fully owned by Blackstone.  Zarou will develop, finance, construct and operate energy-related projects […]

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TSK

Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park

Posted: September 16, 2018 at 3:03 pm   /   Renewables

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 […]

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