Good morning, ladies and gents. It’s another busy morning as we close out the week with an avalanche of updates coming out of Egypt. Shall we? OUR TOP STORY- The Egyptian government has set a date for the sale of two wind energy plants, a combined-cycle power plant in Beni Suef, and several desalination plants […]
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Egypt announces timetable for stake sales of renewables projects amid privatization drive
We know more about Egypt’s plans for selling renewables assets: The Egyptian government has set a date for the sale of two wind energy plants, a combined-cycle power plant in Beni Suef, and several desalination plants before the end of the current fiscal year on 30 June 2024, an updated state ownership policy document that […]
Egypt signs land allocation agreement with 3 GW wind farm in Sohag
Egypt’s Electricity Ministry and an Orascom Construction-led consortium have signed a land allocation agreement for a 3 GW wind farm in the country, according to a statement. The statement said the consortium — which comprises OC, France’s Engie, and Japan’s Toyota Tsusho Corporation — will be allocated 852 sqm in Sohag. Sources told Al Mal […]
Acwa Power gets the green light from Bangladesh for 300 MW solar farm
Acwa Power-led consortium kicks off operations on Bangladesh’s largest solar farm: The Bangladeshi government approved a plan by an Acwa Power-led consortium to build a USD 430 mn, 300 MW solar energy project in Bangladesh’s southern province Bagerhat, Asharq Business reports, citing a government statement. A timeline for the project has not been disclosed. The […]
A new green energy investment company is launching in KSA thanks to an international alliance
A green coalition in KSA is happening: Saudi Arabian, American, and Chinese firms are launching a green energy investment company named Skytower to support and finance projects in the kingdom, Asharq Al Awsat reported this week. The agreement allows alliance members including US and Chinese non-governmental organizations to access the market and support green energy […]
Global Air Quality Index offers a glimpse into where pollution levels stand
University of Chicago releases its annual Air Quality Index: The University of Chicago's Energy Policy Institute released its latest air quality index (pdf) this week, concluding that reducing particulate pollution — PM2.5 — to comply with the World Health Organization’s 2021 guideline of 5 micrograms per cubic meter (µg/m3) would add on average 2.3 years […]
The UAE moves forward with cloud seeding research and KSA invests in lithium metal tech
UAE partners with US company to run cloud-seeding tests: The UAE has launched a month-long campaign in partnership with US-based cloud physics experts Stratton Park Engineering Company to gather crucial data for its cloud-seeding initiative Cloudix, the UAE Research Program for Rain Enhancement Science said. “A group of researchers and pilots will cross-examine the performance […]
Four Japanese corporations team up to build a green hydrogen hub in Osaka
Japan is going big on green hydrogen: Japan-based Mitsui & Co, Mitsui Chemicals, IHI Corp, and Kansai Electric Power Co have launched a joint study to establish green hydrogen and ammonia production value chains in Osaka, according to a statement. The firms will first conduct surveys and collaborate on developing facilities for the storage and […]