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Egypt’s USD 4 bn Benban solar power park is now complete
Ladies and gentlemen, the USD 4 bn Benban solar power park is complete. Built over the course of more than…
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Sovereign wealth fund could feature manufacturing, renewables, logistics sub-funds -planning minister
Egypt’s EGP 200 bn sovereign wealth fund is considering setting up several sub-funds to channel investment into the logistics, renewables,…
Egypt to inaugurate Benban solar park in November
Egypt will inaugurate the USD 2 bn, 1.4 GW Benban solar energy park in Aswan at the end of November,…
Siemens Gamesa starts work on Lekela’s 250 MW West Bakr wind plant
Siemens Gamesa has begun building a 250 MW wind plant in West Bakr in the Gulf of Suez, which is…
EBRD could invest USD 60 mn in Infinity Solar projects
The European Bank for Reconstruction and Development (EBRD) could invest USD 60 mn in Infinity Solar to develop new renewable…
Cabinet signs off on USD 500 mn World Bank facility for Egypt’s social safety net
CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt’s…
Public sector inefficiency hampers Egypt’s potential to be “renewable energy heaven” -EBRD
Egypt is not fulfilling its renewable energy potential due to public sector inefficiency, the European Bank for Reconstruction and Development’s…
Egypt close to signing USD 300 mn contracts for solar power projects
The National Renewable Energy Authority (NREA) is close to inking contracts worth USD 300 mn for solar power projects with…
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