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NBE buys 20% of Scatec's USD 600 mn Obelisk solar project
NBE’s entry brings Scatec’s economic interest down to 40%, though the Norwegian developer retains majority control
Solar industry pushes one-piaster levy on electricity bills to fund transition
Solar firms are pitching a new self-funding mechanism and tax exemptions to help factories and households meet the state’s 25%…
Why salt-based batteries could be the key to Egypt’s renewable goals
Draschem moves forward with a USD 200 mn facility in Alexandria set to yield 50k tons annually in its first…
Hynfra triples initial investments in Ras Banas green ammonia facility
The consortium will also build a 2 GW renewable energy farm
EETC taps Kharafi National to upgrade West Bakr substation
Kharafi will expand the substation to accommodate 2.8 GW of upcoming wind power from the Gulf of Suez
Three more investment tickets worth USD 25.6 mn for the SCZone
Two of the plants are slated to come online as early as 2027
Hassan Allam Utilities secures USD 65 mn EBRD loan for Benban solar plant
The Nefer Benban facility is part of a solar and battery storage complex agreed upon last year
How Maersk’s new fuel trial puts Egypt’s multi-bn green hydrogen pipeline at risk
Egypt’s competitive advantage lies in its vast, uninhabited desert — but only if green hydrogen and methanol are what you’re…
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