Egypt

EBRD eyes $120M loan for Scatec's 1-GW solar project in Egypt, paving the way for renewable energy and storage advancements. Decision expected by December 11!

Dubai's AMEA Power propels Egypt into a renewable future, signing historic PPAs for Africa’s largest solar and battery storage project—an $800 million investment igniting sustainable energy advancement.

Egypt embraces a renewable revolution as Masdar secures approval for groundbreaking solar and energy storage projects, aiming for a brighter, sustainable future with up to 4 GW potential growth.

AMEA Power to connect 2,000 MW of renewable energy to Egypt's grid by 2025, with solar and wind projects underway for a greener future.

Globeleq boosts its stake in Egypt's solar power with acquisition of Winnergy plant, generating clean electricity for the country's grid.

Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.

ACWA Power has closed financing for 200MW Kom Ombo solar project in Egypt, with $123 million of the total $182 million investment coming from international institutions. In January 2024, the plant will provide electricity to 130,000 households and help Egypt meet its 2035 goal of 42% renewable energy.

A French-Egyptian consortium is exploring the potential of building two solar energy plants to serve Egypt's metal and aluminum industry. Orascom Construction PLC and Engie met with Egypt's public business sector minister to discuss the renewable energy projects, which could further the country's renewable energy goals.

$ 123m package includes loans of approximately $36m from the EBRD as well as $14.6 m from the OPEC Fund

Egypt will certainly soon become a significant worldwide energy hub, according to the nation's elderly authority in the field. The nation inked countless projects in November that would certainly increase its current solar and wind power generation by over 55 GW.

AMEA Power said both 500MW schemes represent a US$ 1.1 bn investment in the country's economy

Africa-focused independent power manufacturer (IPP) Globeleq has authorized a framework arrangement with Egyptian authorities that paves the way for the construction of a 3.6-GW green hydrogen production hub in Egypt.

Fortescue Future Industries's framework agreement to establish projects, including green hydrogen, in the nation

The European Bank for Reconstruction and Development (EBRD) is giving USD 5.5 million (EUR 5.5 m) to the renewable resource subsidiary of Egyptian power business TAQA Arabia to construct as well as operate a 7-MWp solar photovoltaic (PV) project in El Minya, Egypt.

The collaboration will be concentrated on the implementation of projects for producing, handling, employing and transferring green hydrogen in addition to the promotion of a green hydrogen field. Egypt as well as Germany will together be buying research study on green hydrogen also.