Egypt

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.

Swedish power storage company Azelio AB (FRA:4 AZ) as well as Egypt-based project designer Engazaat Development SAE are pressing ahead with the implementation of a joint project for renewable energy storage space after completing an usefulness research study.

Australia's Fortescue Future Industries (FFI) will certainly pursue the building of huge green hydrogen and ammonia manufacturing complex in Egypt powered by 9.2 GW of wind and also solar capacity.

The New and Renewable Energy Authority revealed that the solar power plant that could be developed will have a generation capacity of 830 MW and also a wind energy project would generate concerning 1,700 MW. NREA detailed both planned projects as 'under research'.

Africa-focused independent power manufacturer (IPP) Globeleq on Monday unveiled a project that envisages the creation of a 3.6-GW green hydrogen production hub powered by 9 GW of wind as well as solar capacity within the Suez Canal Economic Zone in Egypt.

The intense scarcity of solar equipment components in Egypt is placing the realisation of solar projects across the nation at risk, the Solar Energy Development Association (SEDA) stated on Sunday.

A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).

Egyptian power options supplier Elsewedy Electric S.A.E (EGX: SWDY.CA) has actually safeguarded a USD-150-million (EUR 142.62 m) financing from the International Finance Corporation (IFC) to fund new solar projects and also improve the energy effectiveness at its existing manufacturing facilities.

Egyptian energy remedies provider Elsewedy Electric S.A.E (EGX: SWDY.CA) has safeguarded a USD-150-million (EUR 142.62 m) financing from the International Finance Corporation (IFC) to fund brand-new solar projects and improve the power efficiency at its existing manufacturing centers.

Qatar is interested in purchasing renewable energy in Egypt, especially in solar and also wind projects, the president of the Qatar Investment Authority (QIA) said during a meeting with his equivalent at Egypt's General Authority for Investment and Free Zones (GAFI).