French energy company Engie said it won a contract from the Egyptian government to develop a 250 MW wind farm in Rhas Gharib area on the Gulf of Suez. Engie’s deal will be together with its consortium partners Toyota Tsusho Corporation/ Eurus Energy Holdings Corporation (40 per cent) and Orascom Construction (20 per cent). The … Continue reading Engie Consortium Wins Wind Farm in Egypt
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Egypt plans to produce 20% of its electricity from renewable energy sources by 2022
The vista in the central province of Minya is as empty as far as the eye can see except for rows and rows of solar panels and the blue sky above. The panels are helping Amr al- Saad’s 8-month-old power station address the worsening issue of brownouts and blackouts in the area. “A few years … Continue reading Egypt plans to produce 20% of its electricity from renewable energy sources by 2022
Continue readingWind energy in Egypt: Actis to establish wind farm
Lekela Power for New and Renewable Energy intends to sign an agreement with the government to establish a wind farm in the second quarter of this year. The total cost of this farm is estimated at 350m. Actis Egypt’s director, Sherif Elkholy, said that the company handed in all the required paperwork to the Ministry … Continue reading Wind energy in Egypt: Actis to establish wind farm
Continue readingEuropean Investment Bank (EIB) to back 200 MW Egypt wind farm
The European Investment Bank (EIB) and the Arab Republic of Egypt have signed a loan agreement of EUR115m for the construction of a wind farm in the Gulf of Suez. The windfarm will contribute to meet growing electricity demand using sustainable wind energy. In the presence of Sahar Nasr, Minister of Investment and International Cooperation … Continue reading European Investment Bank (EIB) to back 200 MW Egypt wind farm
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Vestas to sign a record-setting wind energy deal with Egypt
Danish wind giant Vestas is expected to sign a record deal with Egypt within the next couple of days for wind turbines with the potential to generate 2.2 GW of power. The deal is potentially worth over 15 billion kroner The climate minster, Lars Christian Lilleholt, is in Egypt trying to help broker the deal. … Continue reading Vestas to sign a record-setting wind energy deal with Egypt
Continue readingEgypt signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant
The Ministry of Electricity completed the final contract with the consortium of GDF Suez, Toyota, and Orascom to establish a wind power plant project with a capacity of 250 MW in the Gulf of Suez next month. The ministry agreed with the triple alliance to purchase energy produced from the plant, according to a senior … Continue reading Egypt signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant
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Wind energy in Egypt: Gamesa wins EPC contracts for two wind farms
Gamesa will install 80 of its G80-2.0 MW wind turbines in the Gabbal El Zayt region, located along the Red Sea coastline. Gamesa, a global technology leader in wind energy, has secured two new EPC orders for the construction of two wind farms in Egypt. The facilities will have combined capacity of 160 MW and … Continue reading Wind energy in Egypt: Gamesa wins EPC contracts for two wind farms
Continue readingAfrica’s largest wind farm inaugurated in Egypt
The wind farm cost US$359mn and has been financed by the European Union (EU), Germany’s KfW and the European Investment Bank (EIB). With a 100 turbines, the wind farm generate up to 800MW per year, which could aid around 50,000 people with power. Additionally, it can also contribute to preventing the emission of nearly … Continue reading Africa’s largest wind farm inaugurated in Egypt
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Expanding investments in wind energy and solar power can free up Egypt’s carbon energy
Expanding investments in wind energy and solar power can free up Egypt’s carbon energy, reduce fiscal spending and create job, said a report released by consultancy PWC here on Sunday. For the biggest Arab country with a population of 86.9 million, its oil and gas reserves are a two-edged sword and developing renewable energy will … Continue reading Expanding investments in wind energy and solar power can free up Egypt’s carbon energy
Continue readingNorth Africa sees surge in large-scale wind power projects
The Wind Power North Africa Conference is taking place from 18 – 21 October 2015 in Cairo, Egypt, to enable private and government stakeholders to discuss key upcoming wind projects and strategies to drive growth in the North African wind power market. North Africa boasts exceptional wind energy conditions. Egypt aims to generate 7.2 gigawatts … Continue reading North Africa sees surge in large-scale wind power projects
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Building Energy wins its first solar power project in Egypt
Building Energy, an Italian independent power producer from renewable sources, announces the signing of a MoU with the New & Renewable Energy Authority (NREA) for two 50 MW photovoltaic plants in Benban, Upper Egypt. The 200-million-dollar project was awarded by the New & Renewable Energy Authority of the Ministry of Electricity & Renewable Energy of … Continue reading Building Energy wins its first solar power project in Egypt
Continue readingIFC 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 readingEl 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
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860 megawatts of wind energy and solar power in South Africa, Egypt and Ghana
Lekela Power, a 60:40 joint venture between Actis and Mainstream Renewable Power, launched in February of this year already has 860 megawatts of wind and solar projects under construction or due to commence construction next year across South Africa, Egypt and Ghana. Lekela Power is one of the biggest international platforms focused on renewable energy … Continue reading 860 megawatts of wind energy and solar power in South Africa, Egypt and Ghana
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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
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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 readingAfDB 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
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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
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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
Continue readingWind 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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