Spanish automation systems manufacturer Mondragon Assembly Group announced last week that it supplied and commissioned a 100-MW photovoltaic (PV) module production front line in Cairo, Egypt. The project was launched in the final quarter of 2019 on behalf of client Teriak Industrial Group. The latter seeks to be a key player in Africa when it […]
How Egypt banks on renewables to meet likely energy demand surge
Egypt is turning to renewables to meet a soaring demand in energy. If it meets the targets it will become a pioneer in the African energy landscape, but are the plans realistic? Toufik Khitous, the business development manager for North Africa at Wärtsilä Energy Business, says Egypt has no choice but to invest in renewables, […]
IFC cooperates with Egypt in strengthening clean tech start-ups, enabling farmers to switch to solar
International Finance Corporation (IFC) announced Tuesday joining forces with the National Bank of Egypt and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation. According to IFC, start-ups make up the bulk of players in the photovoltaic (PV) […]
EGYPT: In two years, EETC buys renewable energy worth $230 million from IPPs
The Egyptian Electricity Transmission Company (EETC) has purchased 3.6 billion Egyptian pounds (nearly $230 million) of electricity from renewable energy sources since February 2018. The power is produced and sold by Independent Power Producers (IPPs). It is a record that should encourage independent power producers (IPPs) who are already investing heavily in Egypt. The Egyptian […]
EGYPT: China Gezhouba Group to build 500 MW of solar power plants
The Egyptian government plans to install new solar power plants across the country with a cumulative capacity of 500 MW. They will be built by the China Gezhouba Group. With this, Egypt is moving closer to its overall goal of increasing the percentage of renewable energy in the country’s energy mix to 42% by 2035. […]
Egypt Finalizes Second Phase of $2.1 Billion Solar Park
Near the southern Egyptian city of Aswan, a swathe of photovoltaic solar panels spreads over an area of desert so large it is clearly visible from space. They are part of the Benban plant, one of the world’s largest solar parks following completion last month of the second phase of the estimated $2.1 billion development […]
AMEA Power bags 25-year PPA for wind and solar projects in Egypt
AMEA Power, a subsidiary of Al Nowais Investments, has signed a power purchase agreement (PPA) with The Egyptian Electricity Transmission Company (EETC) for a 200MW solar PV project and a 500MW wind power project in Egypt. A joint statement explained that Abyodos Solar Power Company (ASPC), a company fully owned by AMEA Power, will build, […]
UAE’s Al Nowais to build solar, wind plants in Egypt
Al Nowais will build a 200-megawatt solar plant in the southern governorate of Aswan and a 500-megawatt wind power plant in the Red Sea city of Ras Gharib, Shaker said CAIRO: Egypt signed an agreement on Tuesday with the UAE’s Al Nowais Investments for the construction of two renewable power plants, Electricity Minister Mohamed Shaker […]
Egypt to inaugurate world’s biggest solar project
The government of Egypt is finalizing work on the construction of the biggest solar project in the world built at a cost of about $4 billion. The solar project dubbed Benban Solar Park will have a total generation capacity of 1650MWp. In his opening remark at a media round table at the opening of the […]
JinkoSolar’s motion for summary determination of non-infringement will be granted by ITC JUDGE within two weeks
Jacksonville, Fla.: JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that the Administrative Law Judge (“ALJ”) in U.S. International Trade Commission Investigation No. 337-TA-1151 (“the 1151 Investigation”) issued an order indicating that JinkoSolar’s motion for summary determination of non-infringement will be […]