Enara to invest $200 million on solar projects in Egypt with 200 MW capacity
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 […]
Egypt signs €20 mn deal with Spain’s TSK for Kom Ombo solar park
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 […]
KarmSolar to raise EGP 500 million for first phase of expansion plan
Attijari Finances signs an agreement with KarmSolar to act as Advisor and coordinator for the fastest growing Egyptian solar energy company. KarmSolar, Egypt’s fastest growing solar energy solutions company, has signed an agreement with Attijari Finances to act as KarmSolar’s global advisor and coordinator for the company’s equity fundraising process. This move comes as part […]
LA Times: World’s largest solar farm rises in the Egyptian desert
In 1913 on the outskirts of Cairo, an inventor from Philadelphia named Frank Shuman built the world’s first solar thermal power station, using the abundant Egyptian sunshine to pump 6,000 gallons of water a minute from the Nile to irrigate a nearby cotton field. World War I and the discovery of cheap oil derailed Shuman’s […]
Hassan Allam, Lightsource BP form JV for solar energy projects in Egypt
Industry leaders Hassan Allam Holding and Lightsource BP to form joint venture to develop solar energy projects in Egypt JV agreement to develop and operate utility scale solar projects in Egypt Creates a major player in Egypt’s energy transition to renewables HA Utilities, the utilities arm of leading regional construction and engineering group Hassan Allam […]
This is age of renewables in Egypt, regional industry bosses say
As private investment in renewable energy grows globally, Egypt is uniquely positioned as one of the brightest markets (pun only partially intended). That’s the impression given by regional market leaders in a joint interview with Bloomberg Businessweek. On the state of the market: Economic expansion driven by the government’s reforms has provided the impetus for […]
Video: Solar – The shiniest source of energy | Sustainable Energy (Total)
In this video of Sustainable Energy, we’re talking about a source of energy that is constant, free and everywhere and not only that but one that is clear as well. It does exist and it’s right above our head : the sun. Learn more about Total’s commitment to better energy. In this video : We’ll […]
Eni reportedly to build solar power station in Egypt under IPP framework
Eni one of five companies looking to build solar power station under IPP framework? Eni is reportedly one of five companies that have approached the Electricity Ministry with offers to build solar power stations under an Independent Power Producer (IPP) framework, sources said yesterday. The Italian company is looking to develop a 50 MW project […]
Infographic: The Benban Solar Park in Egypt (Forbes)
The Benban Solar Park in Aswan – Egypt. Graphics: Sally Hoteit (Source: Forbes Middle East)
Bloomberg: Desert Sun to Power Upper Egypt with $2.8 bn Solar Park
German-built solar plant is first to feed into grid in Aswan. Egypt targets producing 20% of power from renewables by 2022. Egypt inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 gigawatts from the sun, cutting the most populous Arab nation’s reliance on […]
