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Private sector energy firms step in line for renewable energy projects under new peer-to-peer system
The peer-to-peer system allows private sector companies to produce renewable energy and sell it directly to private sector firms
Scatec’s Nagaa Hammadi solar plant is going to be twice as big as we thought, cost USD 1.1 bn
The project is part of EgyptAlum’s plan to ramp up production, comply with global sustainability and manufacturing standards
Scatec to build 1-GW solar plant for EgyptAlum’s Nagaa Hammadi complex
The first 500-MW phase of the project will be completed within 18 months
THIS EVENING: Scatec to build 1-GW solar plant to power EgyptAlum’s Nagaa Hammadi complex
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle hasn’t let up yet as we are bracing…
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
Banque Misr becomes the latest bank to lower credit card FX limits. PLUS: Startup financing news, new Heliopolis Housing project, new fintech startup on the block, Egypt + Malta talk energy
The move follows similar movies by NBE, CIB, and ADIB over the last two weeks
Egypt x COP28: A rundown of climate change commitments, investments, and agreements signed during the conference
Egypt has forged a number of partnerships with companies and organizations from around the world to firm up its commitment…
Scatec, SCZone ink USD 1.1 bn green methanol agreement
Egypt has been shut out of Western capital markets, forcing it to turn to to more unconventional sources of finance
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