{"id":86279,"date":"2024-08-26T00:00:00","date_gmt":"2024-08-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/08\/26\/egypt-green-lights-planned-renewables-projects\/"},"modified":"2024-08-26T00:00:00","modified_gmt":"2024-08-26T00:00:00","slug":"egypt-green-lights-planned-renewables-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/08\/26\/egypt-green-lights-planned-renewables-projects\/","title":{"rendered":"Egypt green lights planned renewables projects"},"content":{"rendered":"

More renewable projects for Egypt in the works: <\/strong>The Egyptian Cabinet approved procedures to develop a solar project by a consortium comprising of our friends at Infinity Power, UAE\u2019s Masdar and Hassan Allam Utilities, and another project UAE\u2019s Al Nowais subsidiary Amea power, according to a statement<\/a> released on Thursday. No timeline or planned investments for the projects were provided.<\/p>\n

#1- Masdar, <\/strong>Hassan Allam Utilities<\/strong>, and <\/strong>Infinity Power<\/strong>, received approval from the <\/strong>government to develop a 1.2 GW solar power project <\/strong>with a 240 MWh battery storage facility. It also approved a proposal by the consortium to conduct studies for a 4 GW solar power plant in the country.<\/span><\/p>\n

REMEMBER- The three companies have a busy pipeline in Egypt: <\/strong>Masdar, Infinity Power and EETC signed a trilateral purchase power agreement<\/a> last week to build a 200 MW wind farm in Ras Ghareb. They are also building a USD 10 bn, 10 GW wind farm project<\/a> in Sohag that is set to be one of the largest wind farms globally and the largest in Africa. The trio, along with global energy giant BP, will also set up a USD 15 bn green hydrogen project<\/a> in the SCZone.<\/p>\n

#2- Amea Power also had implementation procedures for proposed solar and wind <\/strong>projects approved by the cabinet<\/strong>, according to the statement. The Cabinet also gave the greenlight for proposed integrated and standalone battery storage systems on the projects. The proposed projects\u2019 capacities were not disclosed.<\/p>\n

Amea has a lot planned for Egypt:<\/strong> The Emirati firm received approval<\/a> last month from the Egyptian cabinet to expand its renewable energy projects in Egypt by 2 GW by next summer. The company is seeking to up its investments in Egypt and set up 2.5 GW-worth<\/a> of solar and wind projects. <\/p>\n

Amea Power \u2764\ufe0f <\/font>Egypt: <\/strong>Amea is currently working on 1 GW-worth of renewable projects in Egypt \u2014 a 500 MW solar Abydos<\/a> plant which is set to begin operations by the end of September, as well as a 500 MW wind farm in Ras Ghareb<\/a> that is lined up for completion mid-2025.<\/p>\n

This all part of a bigger plan:<\/strong> Egypt and UAE are working on adding<\/a> 4 GW worth of renewable projects onto Egypt\u2019s national grid by next summer, Egyptian Prime Minister Moustafa Madbouly said last month.<\/p>\n","protected":false},"excerpt":{"rendered":"

Masdar will conduct studies for the implementation of a 4 GW solar plant in Egypt<\/p>\n","protected":false},"author":1,"featured_media":86280,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[244,40,360,160,88,42,52,46],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-amea-power","tag-egypt","tag-infinity","tag-masdar","tag-renewables","tag-solar-energy","tag-uae","tag-wind-energy","wpautop","entry"],"acf":{"mongo_id":"9491d9d1-901e-459b-bb92-c19f952e4d6b","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/2211.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt green lights planned renewables projects","related_issue":[86274],"teaser":"Masdar will conduct studies for the implementation of a 4 GW solar plant in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.50e12f57-affa-4fa7-b361-eb6753405b16.mp3"},"yoast_head":"\nEgypt green lights planned renewables projects - 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