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EBRD mulling USD 200 mn loan for Hassan Allam Utilities and ACWA Power’s 1.1 GW Gulf of Suez wind farm
When operational, the project will offset 2.4 mn tons of carbon dioxide annually and produce enough power for nearly 1.1…
Scatec secures German grant for the Egypt Green Hydrogen plant. PLUS: News from PayTab, CFI, Beltone
Germany’s PtX Development Fund granted Scatec EUR 30 mn for the plant
More international players are interested in Damietta’s green ammonia project. PLUS: News from Taqa Arabia, Premium Healthcare
The project will produce around 150k tons of green ammonia annually in Mopco’s factories
AMEA Power to invest USD 800 mn to develop Africa’s largest solar power plant and battery storage projects in Upper Egypt. PLUS: Scatec, two int’l consortia set the wheels in motion on renewables projects.
AMEA will develop a 1 GW solar power plant with 600 MWh battery storage system in Benban — expected to…
Fertiglobe awarded EUR 397 mn bid to supply Europe with green ammonia
The offtake agreement will see Fertiglobe supply the bloc with 19.5k tons of green ammonia annually starting 2027
Egypt inks EUR 67.7 bn worth of agreements and MoUs at Egypt-EU Investment Conference
Green hydrogen investments brought in the most
Scatec and Orascom Construction-led consortium allocated land for two wind farms that will generate 8 GW of energy
The two wind farm projects will bring in some USD 9 bn in FDI
Private sector energy firms step in line for renewable energy projects under new peer-to-peer system
The peer-to-peer system allows private sector companies to produce renewable energy and sell it directly to private sector firms
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