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Good press for our renewables sector
Alcazar Energy praises favorable offtake agreements
Gov’t to hike export subsidies almost 4x next fiscal year. PLUS: Talgo, new capital finance hub
Next year: Subsidies to be paid out within 3 months of submitting paperwork
THIS MORNING: Another eight green hydrogen MoUs coming?
Egypt signed 9 framework agreements and 7 MoUs towards the end of 2022
Infinity Power acquires 100% of Lekela. PLUS: EKH ups stake in petchem subsidiary
The transaction gave Lekela an enterprise value of USD 1.5 bn
Egypt could be the continent’s top wind generator by the end of the century + Are the tides officially turning against WFH?
Egypt’s wind power generation jumped 13% y-o-y in 2022 to 6.1 GWh
Green fuels explained
Enterprise Explains: Green Fuels. As the global transition to a carbon neutral economy gathers pace, we’re hearing a lot more…
EgyptAir to increase flights to China. PLUS: Green hydrogen, oil exploration and a new startup fund
EgyptAir relaunched flights to China last week.
Energy China could start work on a USD 5.1 bn green hydrogen plant in May
The company signed an MoU for the plant late last year
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