Ahram Online British Ambassador to Egypt Gareth Bayley described Egypt as an “emerging renewable energy power”, at an event organised by the British Embassy in Cairo and the British Council in Egypt last Wedensday. “It is high time that the country moves to become one of the top renewable energy …
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Timmermans: COP27 is key opportunity for renewable energy sourcing
Egypt Today Executive Vice President of the European Commission Frans Timmermans expressed his optimism on the upcoming UN Climate Change Conference 2022 (UNFCCC) COP27 at a press conference in Egypt on Monday. “The participation of world leaders in the next UN Climate Change Conference COP27 is set for Sharm El-Sheikh …
Read More »Egypt and Norway cooperate on African renewable energy infrastructure
Egypt Today The Sovereign Fund of Egypt, the Norwegian Investment Fund and the Norwegian Scatec Company signed an energy infrastructure development cooperation agreement on Wednesday. The agreement aims to develop renewable energy, green hydrogen and green infrastructure projects in a number of African countries. Egypt and Norway will develop energy …
Read More »$340M EBRD funding to Egyptian private energy green bonds
Doaa Moneim – Ahram Online The European Bank for Reconstruction and Development (EBRD) will support the Egyptian private renewable energy sector with $340 Million, an announcement was made on Sunday. EBRD said that it will dedicate a total of $130 Million for green bond issuance in the Egyptian private energy …
Read More »Egypt establishes solar power plant in Uganda
Egypt Today The Egyptian Arab Organisation for Industrialisation (AOI) established a solar power plant in the Tororo district in Uganda. The plant is part of Egypt’s keenness to support relations with its neighbouring Nile Basin countries. “The station built operates on the photovoltaic system with a capacity of 4 megawatts. …
Read More »Egypt among world top 20 in Renewable Energy Country Attractiveness Index 2021
Doaa Moneim – Ahram Online Egypt has advanced six places, from 26th in 2020, to the 20th in 2021, among the world’s top 40 markets in the Renewable Energy ‘Country Attractiveness Index’ (RECAI) for 2021, which was published on Monday, by the London-based Ernst & Young Global Limited (EY). According …
Read More »France invests €3.8B in Egyptian infrastructure
Egypt Independent French Finance Minister Bruno Le Maire signed, on Sunday, several agreements to invest €3.8 Billion euros in public transport and renewable energy sectors in Egypt. France will finance Egyptian projects with French companies to the tune of €1.8 Billion, which amounts to approximately $2.18 Billion. The first tranche …
Read More »EBRD invests $4.2M in Egyptian renewable energy
Doaa Moneim – Ahram Online “The European Bank for Reconstruction and Development (EBRD) has provided an initial $4.2 Million loan to TAQA PV for Solar Energy, TAQA Arabia’s renewable energy subsidiary”, according to statement by EBRD on Thursday. “The loan will promote the expansion of renewable energy in Egypt by …
Read More »Egypt sign green energy partnership with Denmark
Egypt Independent Egypt’s Minister for International Cooperation Rania al-Mashat and Minister of Electricity Mohamed Shaker signed an agreement with the Danish Energy Agency for ‘a 2019-2022 Egyptian-Danish Energy Partnership Program’ on Saturday. It aims to help Egypt shift towards new and renewable energy. “This partnership will create a platform to …
Read More »New 250 mega watt wind farm in Gulf of Suez
Egypt Today “The Egyptian New and Renewable Energy Authority (NREA) signed the deal with the European giant Vestas wind energy company, to establish a wind power park with a capacity of 250 megawatt in the Gulf of Suez”, Minister of Electricity and Renewable Energy Mohamed Shaker said on Tuesday. “The …
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