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Finance in Motion to invest USD 20 bn in Benban through Green for Growth Fund
Germany-based impact investor Finance in Motion is planning to invest USD 20 mn in a renewable energy project in the…
Climate
Egypt’s IMS targets USD 500 mn in solar investments
Intelligent Micro Solutions (IMS) is currently in talks with several financial institutions and foreign companies to arrange USD 500 mn…
RGS Egypt eyes new USD 20 mn factory with China’s Sako Power
Egypt’s RGS is in talks with China’s Sako to build a USD 20 mn plant to manufacture solar inverters, with…
Enara Group, CleanMax Solar Company partner up to build solar power projects
Enara Group signed yesterday a partnership agreement with India’s CleanMax Solar to build 200 MW-worth of solar power projects over…
ACWA, Hassan Allam to sell electricity to gov’t at USD 0.018/kwh from Luxor plant
The Electricity Ministry, Saudi’s ACWA Power, and Hassan Allam Holding have agreed to set the final price for electricity generated…
Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez
Infinity Solar is planning to build EUR 350 mn-worth of wind power plants with a combined capacity of 300 MW…
Egypt chairs Group of 77 and China coordinative climate change meeting
Egypt chaired the coordinative meeting of the foreign affairs and environment ministries of The Group of 77 and China, which…
Education Minister denies suggesting Egypt’s unpaid education system should be abolished
Education Minister Tarek Shawki blanketed the airwaves last night to dispel rumors that he had called for the abolishment of…
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