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Gov’t issues tariffs for EV charging
We officially have EV charging tariffs: The Electricity Ministry has set the tariffs motorists will pay to charge EVs in…
Solar plants face new grid integration fees
Solar plants are facing more new charges: Solar plants producing more than 500 KW of power will be required to…
Fawry sees 400% y–o-y boom in online payments in 2021
Fawry saw transaction values surge last year: The e-payments giant processed EGP 6 bn worth of cashless POS transactions through…
EBRD writes USD 100 mn check for Scatec’s green bond
EBRD backs Scatec Solar Benban green bond: The European Bank for Reconstruction and Development (EBRD) will subscribe to almost a…
THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.
Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us…
CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
Hitachi to help connect Vestas’ 250 MW Suez Gulf wind farm to national grid
Hitachi Energy will provide the equipment to connect Vestas’ 250 MW wind farm in the Gulf of Suez to the…
SFE eyes renewable energy sub-fund
Our friends at the Sovereign Fund of Egypt is working to launch a renewable energy sub-fund this year as part…
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