German ib vogt sells its share in 64.1 MW Benban solar plant to Masdar
Ib Vogt sells one of its Benban plants to Masdar, looks to offload three more: Germany solar company Ib Vogt has sold its entire share in its 64.1 MWp PV plant in the Benban solar park to Abu Dhabi-based renewable energy company Masdar, it said in a statement. The company did not disclose the value […]
Ecomondo & Key Energy 2020: Physical & Digital Participation for Green Turning Point
Over 80 live talk events on the calendars of Ecomondo and Key Energy, being held from 3rd to 6th November at Rimini expo centre. Italian Exhibition Group increases exploitation of the contents and market opportunities for the circular economy and renewable energy sources, with a digital platform for following the events and generating business for exhibitors. […]
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 […]
TAQA Arabia to increase investment in MENA renewable projects
Company to focus on small solar plants, rooftop projects in Egypt: Egypt’s TAQA Arabia is looking to increase investment in renewable projects in the Middle East and Africa, according to a senior company official. “We are studying several projects in the Middle East and Africa and expect procurement in the solar sector to be strong […]
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 […]
IEG: Key Energy 2020, the Energy Transition changes the look of cities
The transition to renewable energy transforms cities. And Italian Exhibition Group‘s Key Energy is the protagonist and promoter of this transformation, from 3rd to 6th November at Rimini Expo Centre. Domestic, work and public spaces are connected in a new ecosystem which has clean renewable convenient energy as its main driver of development. A momentous […]
Egypt’s Cabinet approves dispute settlements with Petroceltic, Italgen
Cabinet okays settlements with Petroceltic, Italgen: The Madbouly government has approved agreements to resolve disputes with Italgen and Petroceltic. The first covers a dispute between EGPC and Petroceltic International, which sought international arbitration to recover over USD 30 million in overdue payments it claims it is owed by EGPC. The second settles the tiff between […]
Egypt, Vestas sign agreement for 250 MW wind farm in Gulf of Suez
Egypt, Vestas-led intl group agree to build 250-MW wind farm Egypt’s New and Renewable Energy Authority (NREA) and an Italian-French-Chilean alliance led by Danish turbine maker Vestas Wind Systems A/S have signed an agreement to realise a 250-MW wind project in the Gulf of Suez. Involving an investment of around EUR 228 million (USD 270.2m), […]
Denmark’s Vestas to sign agreement for 250 MW Ras Ghareb Wind Plant
The New and Renewable Energy Authority (NREA) is set to sign today a final contract with Denmark’s Vestas to establish a EUR 260, 250 MW wind power plant in Ras Ghareb, the local press reports, citing unnamed sources. The NREA had awarded the tender to Vestas back in February. The German Development Bank (KfW) and […]
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 […]
