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EFG Holding-backed Ignis Energia prepares to sell 5 solar plants
EFG Holding’s Vortex Energy holds a minority stake in the Spanish renewables developer
Masdar-led consortium now has land for its 10-GW mega-wind farm
The USD 10 bn project is expected to offset around 9% of Egypt’s annual emission footprint
Marsa Alam’s first solar-powered desalination plant, courtesy of KarmWater
The plant is currently 30% powered by solar
Energy China to ink framework agreement for green hydrogen plant by July
The plant will produce 1.2 mn tons of ammonia and 210k tons of hydrogen
Egypt has new renewable energy targets + SCZone starts China roadshow
Plus: Europe electricity exports are a long way off
Infinity Power, Copelouzos could partner on renewable energy
Renewable energy would be sent to Europe via the proposed GREGY connector
Draft incentives to boost green hydrogen industry have seen the light of day
A range of tax breaks are on offer for green hydrogen projects that meet certain conditions
Egypt is the region’s FDI magnet thanks to green hydrogen
Egypt accounted for 41% of all FDI in the Middle East and Africa in 2022
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