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EFG Hermes’ Vortex divests its 49% stake in 998 MW European wind power portfolio
EFG Hermes’ Vortex Energy divests its 49% stake in 998 MW European wind power portfolio: EFG Hermes’ Vortex Energy has…
Talks to set up USD 2 bn solar panels factory break down between Egypt's gov't, China's CGL group
The Military Production Ministry appears to have caved in its negotiations with a Chinese company over a planned solar panel…
EFG Hermes’ CEO Walid Hassouna joins KarmSolar’s board
MOVES- EFG Hermes Finance CEO Walid Hassouna and market expert Nadia Ellozy have joined KarmSolar’s board of directors,the company said…
EBRD looking into financing electric vehicle charging stations in Egypt
The European Bank for Reconstruction and Development (EBRD) is in talks with the Electricity Ministry over potentially financing electric vehicle…
Siemens Gamesa captures 97% of wind energy market in Egypt and 53% in Africa
Siemens Gamesa holds 97% of the wind energy market in Egypt and 53% in Africa, the company said in press…
What would it take for decarbonization to take root?
What would it take for decarbonization to take root? While the use of renewables is on the rise — taking…
Electricity minister talks cooperation with new AFD country director
Electricity Minister Mohamed Shaker met yesterday with the French Development Agency’s (AFD) new Country Director, Fabio Grazi, to discuss enhancing…
Finance in Motion to invest USD 20 bn in Benban through Green for Growth Fund
Germany-based impact investor Finance in Motion is planning to invest USD 20 mn in a renewable energy project in the…
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