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Why the EU is unlikely to meet its 2030 green hydrogen targets
The European Commission “did not undertake robust analyses” before setting the targets, says EU audit body
The fine print in Fertiglobe’s green ammonia offtake agreement with Germany. PLUS: News from IDA, ITIDA, Korra Group
The agreement hinges on finalizing the investment agreement between the partners of Egypt Green Hydrogen
UAE’s Masdar raises USD 1 bn in its second green bond issuance
The issuance was 4.6x oversubscribed.
UAE’s Beeah to invest USD 136 mn in Egypt. PLUS: News from BP, Lionsbridge, Tourism Ministry
The firm was tapped in December to develop the solid waste management infrastructure in the new capital
Cabinet approves AMEA Power’s renewable energy plans
AMEA Power is looking to add around 2 GW-worth of energy by next summer
Breaking down the new cabinet’s green goals
The new government sees renewables making up 18.6% of Egypt’s total energy mix by the fiscal year 2026-2027
Introducing the cabinet’s Economic Ministerial Group. PLUS: News from Madinet Masr, Eastern Company, Infinity Power
The group will be headed by Prime Minister Moustafa Madbouly
A new Sokhna terminal is underway. PLUS: News from UAE’s Hala, Elsewedy Electric, AMEA Power, EgyptAir
The new terminal should be fully operational in 18 months
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