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
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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
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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
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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
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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 readingMasdar, 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
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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
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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
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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 readingWind power in Egypt: new wind farm has 100 wind turbines
Egypt and Japan International Cooperation Agency (JICA) signed a contract on Thursday to set up a 200-megawatt wind farm in Gabal el-Zeit area in the Gulf of Suez at a total cost of EGP 1938.9 million. The project will be finalized in 35 months and funded by a soft loan granted by JICA, said … Continue reading Wind power in Egypt: new wind farm has 100 wind turbines
Continue readingEgypt 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
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Access Infra Africa bids for 850 MW wind energy project in Morocco
Access Infra Africa has placed the North African country at the heart of its plans to invest up to $500mn in wind energy and solar power projects across the continent. Access Infra Africa is bidding to develop a wind energy project in Morocco with a total power production capacity of 850 MW. The company … Continue reading Access Infra Africa bids for 850 MW wind energy project in Morocco
Continue reading177 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
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Egypt to build 120 MW wind farm
Italcementi signed an MOU with the Egyptian government to build a wind farm on the Red Sea, part of the country’s effort to mitigate its power shortages through renewable energy. The company will build a wind power facility to generate 120 megawatts of electricity with an investment of $200 million, Omar Mehanna, chairman of … Continue reading Egypt to build 120 MW wind farm
Continue readingEgypt 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
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Egypt plans 2 GW auction each for wind energy and solar power
Egypt is planning to auction 2 GW capacity each in wind and solar power capacity next month. The government is expecting an investment of about $7 million in the development of this capacity. In addition to renewable energy auctions, the government also plans to offer 4 GW of coal-fired power generation capacity for bidding. These … Continue reading Egypt plans 2 GW auction each for wind energy and solar power
Continue readingEl Sewedy to complete Gebel El-Zeit Wind Farm within 3 years
Egypt’s El Sewedy Electric plans to finalise Gebel El Zeit project to build a network of 600-megawatt wind power farms within 3 years, vice president Wael Hamdy said. In a statement to Amwal Al Ghad, Hamdy revealed that the total cost of Gebel El Zeit project is exceeding US$ one billion. El Sewedy Electric … Continue reading El Sewedy to complete Gebel El-Zeit Wind Farm within 3 years
Continue readingEgypt sets new feed-in tariffs for wind energy and solar power
The government hopes for new and renewable energy to account for 20% Egypt’s total energy mix by 2020. The Ministry of Electricity announced Saturday pricing for electricity generated by new and renewable energy sources for households and private sector companies. Minister of Electricity Mohamed Shaker said in a press conference that the purpose of the … Continue reading Egypt sets new feed-in tariffs for wind energy and solar power
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Egypt to generate 8 GW from solar power, wind energy
overcome energy shortages. Egypt will fix feed-in tariffs for renewable energy in early October as it aims to increase power generated from renewable energy sources, according to declarations made by Investment Minister Ashraf Salman, speaking at Al-Mal GTM conference in Cairo on Monday. He revealed that Egypt plans to generate 4 gigawatts (GW) of solar … Continue reading Egypt to generate 8 GW from solar power, wind energy
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Renewable energy is Egypt’s raft out of crisis
Scarcity of financial resources and the lack of a solid plan are the main reasons behind the perpetuation of Egypt’s energy crisis, according to experts who attended the Cairo Energy Conference. “The energy problem is well known. Its solutions are also well known, but there is no will to solve it,” says Mohamed Shoeb, former … Continue reading Renewable energy is Egypt’s raft out of crisis
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