Key Energy: The Road to Energy Diversification Goes Through Here
From 8th to 11th November, at IEG’s Expo Centre in Rimini, at the same time as Ecomondo The sections: Wind, Solar and Storage, Energy Efficiency, Sustainable City, E-mobility A busy conference programme organised by the Scientific Committee, chaired by Professor Gianni Silvestrini Wind, Solar and Storage, Energy Efficiency, Sustainable City, E-mobility. These are the […]
Saudi Alhokair subsidiary FAS Energy to build $450 mn solar plant in Egypt
Alhokair Group subsidiary FAS Energy is planning to invest some USD 450 mn (SAR 1.7 bn) to construct a 500 MW solar plant in Egypt in partnership with the Electricity Ministry and the Egyptian Electricity Transmission Company (EETC), FAS Energy CEO Sabri Asfour told Enterprise. The firm is in final negotiations on the location of the plant, and hopes to sign […]
ACWA Power, Hassan Allam consortium signs deal for 1.1GW wind project in Egypt worth US$1.5 bn
The 1.1 GW project is one of the largest onshore wind farms in the world and the largest in the Middle East. Agreement signed during HRH Mohammed Bin Salman, Crown Prince of Saudi Arabia’s state visit to Egypt. Project marks ACWA Power’s expansion in the country to three projects. ACWA Power, a leading Saudi developer, investor […]
Infinity levies tariffs on electricity charging for EVs effective from June 28th 2022
Infinity, Egypt’s leading renewable energy solutions provider, announced that in accordance with the ministerial decree No14 of 2022 issued by the Ministry of Electricity and Renewable Energy on Jan 26th, 2022, EV users will now have to pay for electricity charging for EVs across all charging stations. The tariffs will be effective from June 28th, […]
Elsewedy Electric eyes $1.5 billion investment in African renewables this year
Elsewedy Electric could invest as much as USD 1.5 bn in three renewable energy projects in Africa before the end of the year, CEO Ahmed Elsewedy told us, confirming reports by Hapi Journal. Nothing is set in stone: Elsewedy cautioned that the group’s future plans are still under consideration, adding that no commitments have yet been signed. The push comes as […]
Scatec issues green bonds worth $335 mn to refinance projects in Egypt
Norway’s Scatec has issued green bonds worth $335 million to refinance six solar projects in the southern Egyptian city of Aswan, a statement by the Egyptian cabinet issued on Wednesday said. The projects have a capacity of 380 Megawatts, the statement said. Norway’s Scatec will issue USD 335 mn worth of green bonds to refinance […]
Masdar signs landmark agreements to develop 4 GW green hydrogen plants in Egypt by 2030
• Masdar and Hassan Allam Utilities sign Memorandums of Understanding with entities including The General Authority for Suez Canal Economic Zone, New and Renewable Energy Authority, the Egyptian Electricity Transmission Company and The Sovereign Fund of Egypt • Masdar and Hassan Allam Utilities will set up a strategic platform that aspires to take a leading role […]
EDF Renewables, ZeroWaste sign agreement for $3bn green ammonia production in Egypt
Egypt’s Suez Canal Economic Zone (SCZONE) has signed a memorandum of understanding (MoU) with a consortium of EDF Renewables and ZeroWaste for the production of 350,000 tonnes of green fuel annually in the Ain Sokhna region to supply ships. The project involves USD 3 billion (EUR 2.77bn) of investments and will be implemented in several […]
Maersk inks new deals in Egypt to speed up green fuel production
Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping. Following the recent fuel sourcing deals, Maersk signed a Memorandum of Understanding (MoU) with the authorities’ representative in the presence of the Egyptian Prime Minister […]
EDF Renewables among six consortiums eyeing $1 bn SCZone green ammonia plant
France’s EDF Renewables and Egypt’s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki told Enterprise, confirming a report from Al Borsa. Zaki declined to name the other companies […]
