CAIRO : Saudi ACWA Power Company (2082.SE) has signed a memorandum of understanding (MoU) with the Egyptian New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to build a 10 gigawatt (GW) wind energy project in Egypt, the Saudi Energy Ministry said on Tuesday. Egypt’s Minister of Electricity and Renewable Energy is on […]
Egypt Nuclear Plant: $2.5bn Korean Contract – EQ Mag Pro
Russian state firm Rosatom and Korea Hydro and Nuclear Power (KHNP), a subsidiary of Korean state power firm Kepco, on 25 August signed a $2.5bn deal that will see the latter build turbine islands for the 4.8GW El Dabaa nuclear power plant which Rosatom is building on Egypt’s Mediterranean coast. “According to the agreement, the […]
FFI To Explore Feasibility of 9.2 GW Wind & Solar Powered Green Hydrogen Project In Egypt – EQ Mag Pro
FFI says it plans to develop a 9.2 GW green hydrogen project in Egypt powered by wind and solar energy Under an MoU with the Egyptian government, FFI will conduct relevant studies to explore its potential The Australian company believes Egypt’s wind and solar resources can generate renewable energy required to produce large scale green […]
Egypt Green Hydrogen/Ammonia MOUs Reach $63bn Following August Flurry – EQ Mag Pro
Cairo continues to advance its green hydrogen/ammonia ambitions and in August signed MoUs worth a potential $31.6bn, doubling previous deals. As Egypt gears up to host the Cop27 climate talks in November, the government is setting out its energy transition credentials. A flurry of MoUs in August doubled the value of planned green hydrogen/ammonia projects […]
Egypt Continues Green Hydrogen/Ammonia Drive As India’s ReNew Power Inks $8bn MoU – EQ Mag Pro
India’s ReNew Power is the latest international firm to sign an MoU with Egypt to develop green hydrogen/ammonia. This takes the value of similar MoUs to over $30bn according to MEES calculations, requiring almost 20GW of new renewables capacity. With Cairo set to host Cop 27 in November, expect a massive push to secure finance. […]
ReNew to invest $8 billion to set up green hydrogen plant in Egypt – EQ Mag Pro
ReNew joins several Indian companies tapping the prospects in green hydrogen, which is considered crucial to decarbonise hard-to-abate heavy industries ReNew Power has signed a preliminary agreement with the Egyptian government to invest as much as $8 billion (over Rs 63,000 crore) to produce green hydrogen in the African country, according to the chairman of […]
Electrolux, SolarizEgypt to build a Solar power plant for sustainable development in Egypt – EQ Mag Pro
The energy to be generated from the solar power plant will be used in the production of washing machines, refrigerators, Delta electric water heaters, and stoves Electrolux has signed an agreement with SolarizEgypt to develop a solar power plant at the latter’s factory, according to an emailed press release on July 24th. The energy to […]
Egypt Nuclear Power Permit – EQ Mag Pro
Russian state firm Rosatom on 30 June said the Egypt Nuclear and Radiological Regulatory Authority (ENRRA) had issued it a permit to build the first of four 1.2GW units of the planned 4.8GW El Dabaa nuclear plant 170km west of Alexandria on Egypt’s Mediterranean coast. Though site preparation work has already taken place and Rosatom […]
GWEC: Champion Kitesurfer and Global Wind Energy Council Ambassador lands in Egypt to support wind power ahead of COP27 – EQ Mag Pro
Professional kitesurfer and Global Wind Industry Ambassador Lewis Crathern is visiting Egypt ahead of this year’s COP27 to raise awareness of the potential for wind energy in the country, across the MENA region and for the world. Crathern will be visiting some of Egypt’s most prominent wind energy areas in the Gulf of Suez, and […]
Egypt gets investment offer for a big solar project in East Nile area – report – EQ Mag Pro
Egypt’s New and Renewable Energy Authority (NREA) is said to have received the largest investment offer funded by a European investor for a large solar project in the East Nile region, newspaper Al-Dostour said on Tuesday. All studies related to the acceptance of the project as part of the National Renewable Energy Strategy are nearing […]