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Tag: Solar Plant

ACWA Power’s 200MW Kom Ombo solar project obtains $123 million financing package

Posted: April 26, 2023 at 12:34 pm   /   Renewables

ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, today announced that it has signed a US$123 million financing package to develop the 200MW Kom Ombo project, a utility-scale solar power plant in Egypt. Financing institutions for this project include European Bank for Reconstruction and […]

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Group Photo ASCOM

ASCOM lays Foundation Stone of new solar power plant in El Minya in collaboration with TAQA Arabia

Posted: October 26, 2022 at 11:20 pm   /   Renewables

In Presence of El Minya Governor, and Ahead of COP27: ASCOM Carbonate and Chemicals Manufacturing lays Foundation Stone of a new solar power plant in El Minya to Provide clean energy in collaboration with TAQA Arabia In support of El Minya Governorate’s environmental endeavors to transition to clean energy, ASCOM Carbonate and Chemicals Manufacturing (Qalaa […]

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TAQA

TAQA Arabia Launches the Largest Solar Power Plant in Sharm El-Sheikh generating over 42 GWh / year

Posted: October 13, 2022 at 1:34 pm   /   Renewables

Ahead of COP27, TAQA Arabia Launches the Largest Solar Power Plant in Sharm El-Sheikh generating more than 42 GWh / year and reducing 500,000 tons of carbon emissions. In line Egypt’s strategy towards expanding the use of clean energy, TAQA Power – a subsidiary of TAQA Arabia, the full-service energy and utility provider in Egypt, announced the commissioning […]

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taqa somabay

Somabay & TAQA Arabia inaugurate PV Solar plant, Sign Agreement to Build new Water Desalination Plant

Posted: July 5, 2022 at 9:12 am   /   Renewables

Somabay and TAQA Arabia celebrate the inauguration of a 5MW PV solar plant in Somabay owned by TAQA Arabia, the full-service energy and utility provider in Egypt. The PV station was inaugurated by Mr. Osama Saleh, Chairman of the Board of Directors of Abu Soma Tourism Development Company, Mr. Ibrahim El-Missiri, CEO of Abu Soma […]

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solar

Saudi Alhokair subsidiary FAS Energy to build $450 mn solar plant in Egypt

Posted: June 25, 2022 at 9:49 am   /   Renewables

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 […]

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scatec

Scatec issues green bonds worth $335 mn to refinance projects in Egypt

Posted: May 6, 2022 at 3:20 pm   /   Renewables

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 […]

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TAQA Arabia Dina Farms

TAQA Arabia inaugurates pioneering 6MW solar plant at Dina Farms

Posted: October 20, 2021 at 12:30 pm   /   Renewables

TAQA Arabia, Qalaa Holdings’ Energy Sector subsidiary, has announced in an event the commercial operation of its latest green private-to-private project in Egypt, a 6MWpv solar power plant for Dina Farms. The plant is funded by the European Bank for Reconstruction and Development (EBRD) as part of a financing package of up to US$ 10 […]

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Globeleq

Globeleq acquires ARC Renewable Energy’s 66 MW PV solar plant in Benban, Aswan

Posted: October 17, 2021 at 1:33 pm   /   Renewables

Independent power producer Globeleq has acquired ARC Renewable Energy’s 66 MW PV solar plant in Aswan’s Benban for an undisclosed sum, according to a statement. Globeleq, a subsidiary of the UK government’s development finance arm CDC Group, will provide ARC with asset management services and oversee the operation and maintenance contractor Gila Al Tawakol. The plant was […]

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Taqa Arabia Soma Bay

TAQA Arabia to build 2 Solar Stations with 5 MW total capacity in Somabay, Red Sea

Posted: July 6, 2021 at 9:23 pm   /   Renewables

With total investments amounting to USD 4 Million: TAQA Arabia to build 2 PV Solar Stations with total capacity of 5 MW total capacity in Somabay – Red Sea. El Missiri: “At Somabay, we live by the motto “Outstanding by Nature”, and this entails reducing our carbon footprint. It has been a longtime coming as […]

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Solar

Egypt’s Kom Ombo solar plant receives $114 million financing package

Posted: April 24, 2021 at 3:26 pm   /   Renewables

Egypt’s largest private solar plant, Kom Ombo, receives US$ 114 million financing package. EBRD, OPEC Fund, AFDB, GCF and the Arab Bank to finance the 200 MW solar plant in Egypt Kom Ombo solar plant to be developed, constructed and operated by ACWA Power Financing package to increase renewable energy in Egypt The European Bank […]

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