Tag Archives: Egipto

IFC promotes financing for renewable energy projects in Egypt

IFC, a member of the World Bank Group, and the Egyptian Banking Institute co-hosted a workshop in Cairo to highlight the investment opportunities emerging in Egypt in renewable energy, promote financing for such projects and encourage best practice in the field.   The pioneering one-day training session, supported by the Danish Government and held in … Continue reading IFC promotes financing for renewable energy projects in Egypt

Continue reading

El Sewedy Electric to develop solar power plant in Upper Egypt

Egyptian President Abdel Fattah al-Sisi told an Abu Dhabi energy conference in January that Egypt aimed to build solar and wind energy plants over the next three years with the aim of producing 4,300 megawatts.   Egyptian cable maker El Sewedy Electric said on Sunday it had entered into an agreement to develop a 50 … Continue reading El Sewedy Electric to develop solar power plant in Upper Egypt

Continue reading

Siemens inks 600 wind turbines and an installed wind power of 2 GW deal with Egypt

Siemens signed an 8 billion euro deal ($9 billion) with Egypt on Wednesday to supply gas and wind power plants to boost the North African country’s electricity generation by 50 percent. The deal, signed during an official visit of Egyptian President Abdel Fattah al-Sisi to Germany, is Siemens’ single biggest order and gives a much-needed … Continue reading Siemens inks 600 wind turbines and an installed wind power of 2 GW deal with Egypt

Continue reading

Wind energy in Egypt: Siemens to build Wind Turbines Blades Factory

Egypt’s state-owned New and Renewable Energy Authority (NREA) plans to start construction works on the country’s first factory to produce wind turbines blades soon, chairman Mohamed Salah ElSobki announced Monday.   The Egyptian official further clarified that the project would be built in cooperation with German industrial group Siemens, with total investment cost of US$100 … Continue reading Wind energy in Egypt: Siemens to build Wind Turbines Blades Factory

Continue reading

AfDB may offer $400m to Egypt wind power project

The African Development Bank Group (AfDB) is considering providing $400 million for the development of a wind power project in Egypt. The project which will have a public-private partnership requires a total investment of $1.5 billion, according to the Amwal Al Ghad magazine report. The wind farm backing will represent a portion of AfDB’s planned … Continue reading AfDB may offer $400m to Egypt wind power project

Continue reading

Abengoa signs a MoU with Egypt to cooperate in the development of the national Concentrated Solar Power

This MoU sets cooperation terms for the development of dispatchable concentrated solar power plants, in particular Solar Thermal Electricity (STE), in Egypt. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environmental sectors, signed today a Memorandum of Understanding (MoU) with the New and … Continue reading Abengoa signs a MoU with Egypt to cooperate in the development of the national Concentrated Solar Power

Continue reading

Access Power agrees Egypt solar power plant deal, in talks for wind energy scheme

Access Power said on Wednesday it had agreed a deal with Egypt’s government to build a 65 megawatt (MW) solar power plant and was in talks for a wind power scheme in the North African country which would generate 50 MW of power.   The developer and operator of power projects in the Middle East … Continue reading Access Power agrees Egypt solar power plant deal, in talks for wind energy scheme

Continue reading

Wind energy in Egypt: Gamesa wind turbines for turnkey construction of a 220-MW wind farm

Gamesa has signed a new contract for the turnkey construction of the Gulf of El Zayt wind farm on the Egyptian Red Sea coast, where it will install 110 of its G80-2.0 MW turbines (220 MW). This project, which was awarded by the NREA (New & Renewable Energy Authority) by means of an international tender, … Continue reading Wind energy in Egypt: Gamesa wind turbines for turnkey construction of a 220-MW wind farm

Continue reading

Wind energy in Egypt: Siemens produce wind turbines for the wind power sector

“Wind power is clean and renewable, and will strengthen Egypt’s energy security at this important point in its history. Adding two gigawatt will be a significant step towards diversifying the country’s energy mix”, said Markus Tacke, CEO Siemens Wind Power and Renewables Division. “Egypt has great potential for wind power generation, especially in the Gulf … Continue reading Wind energy in Egypt: Siemens produce wind turbines for the wind power sector

Continue reading

Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

President Abdel Fattah al-Sisi said that Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts.   Egypt signed a memorandum of understanding with global energy groups to generate electricity using solar power in a bid to face increasing demand for energy, … Continue reading Egypt aims to build solar power plants and wind energy facilities with 4,300 megawatts

Continue reading

Masdar, Acwa to build photovoltaic solar power plant in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. As per the deal, Masdar, Abu Dhabi’s multifaceted renewable energy company, would lead development of renewable energy projects. The … Continue reading Masdar, Acwa to build photovoltaic solar power plant in Egypt

Continue reading

Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW

Siemens CEO Joe Kaeser told that the deals were signed Saturday after negotiations with President Abdel-Fattah el-Sissi, “who drove a hard bargain.”   “It will create 1,000 jobs and we’re ready to start as soon as possible,” he said. “We’ve been doing business here for over 110 years so we’ve seen crisis come and go… … Continue reading Wind power in Egypt: Siemens will supply wind turbines to 2,000 MW

Continue reading

Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa

During inaugurating of the facility, Shaker said that the plant is to produce 10 megawatts of electricity.   “It contributes to meeting Siwa’s energy needs and will boost social and economic development in the oasis,” the Minister said. He hailed the UAE’s support for Egypt in all fields, asserting the deeply-rooted ties between both countries. … Continue reading Egypt: 10-Megawatt Solar Energy Plant Inaugurated in Siwa

Continue reading

Egypt’s Sharm El-Sheikh to use solar power

Egypt aims to build solar power plants and wind energy facilities within the next three years, with a total capacity of 4,300 megawatts.     The Egyptian government intends to use solar energy for all lighting in the resort city of Sharm el-Sheikh, which currently relies on solar energy for 70% of its lighting. Khaled Fouda, … Continue reading Egypt’s Sharm El-Sheikh to use solar power

Continue reading

Egypt to produce 20% of its energy from solar energy and wind power by 2020

An inclusive plan for energy subsidy reform is to be implemented within five years and includes protecting the poor, said Egyptian President Abdel-Fattah El-Sisi at the World Future Energy Summit (WEFS) in Abu Dhabi on Monday.   The president travelled to the United Arab Emirates on Sunday for a two-day trip to attend the summit and meet … Continue reading Egypt to produce 20% of its energy from solar energy and wind power by 2020

Continue reading

177 international companies have applied for solar energy and wind power projects in Egypt

Around 177 international consortiums of companies have applied for solar power and wind energy projects in Egypt, chairman of New and Renewable Energy Authority ( NREA ) Mohamed EL Sobki said on Thursday. According to EL Sobki, out of 177, around 67 companies have been elected to take part in solar and wind energy projects … Continue reading 177 international companies have applied for solar energy and wind power projects in Egypt

Continue reading

Egypt aims to produce 20% of power from solar energy and wind power by 2020

In an attempt to escape the energy crisis triggered by frequent power cuts, lack of fuel and the deterioration of national networks and power stations, the Egyptian government has signaled its intent to expand the use of new and renewable energy, notably solar energy. Despite the enormous potential, it’s still a daunting prospect because of … Continue reading Egypt aims to produce 20% of power from solar energy and wind power by 2020

Continue reading

El Sewedy to complete Gebel El-Zeit Wind Farm within 3 years

Egypt’s El Sewedy Electric plans to finalise Gebel El Zeit project to build a network of 600-megawatt wind power farms within 3 years, vice president Wael Hamdy said.   In a statement to Amwal Al Ghad, Hamdy revealed that the total cost of Gebel El Zeit project is exceeding US$ one billion. El Sewedy Electric … Continue reading El Sewedy to complete Gebel El-Zeit Wind Farm within 3 years

Continue reading