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Egypt’s Green Economy in 2023: A run-down of initiatives, investments, and commitments one year on from COP27
Egypt is aiming to use renewables for 42% of power produced by 2030 and 60% by 2040
EFG Hermes eyes USD 300 mn second close for Vortex renewable energy fund
The close could wrap up before the year’s end, bringing the fund’s total size to over USD 500 mn
Egypt to survey land plots for new renewable energy projects. PLUS: Recycling phones, more hotels, and an airline returns to Egypt.
MORE SOLAR + WIND PROJECTS? The New and Renewable Energy Authority (NREA) will run studies on the suitability of almost…
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…
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
Our 10-GW wind project should start operating in 2027
The project is expected to take around two years to construct
SFE hires consulting firm to advise on wind farm sales
The government expects to sell the Gabal El Zeit and Zafarana wind farms in 1Q 2024
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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