{"id":555559,"date":"2021-11-18T03:59:46","date_gmt":"2021-11-18T03:59:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/18\/israel-eyeing-solar-plants-in-egypt\/"},"modified":"2021-11-18T03:59:46","modified_gmt":"2021-11-18T03:59:46","slug":"israel-eyeing-solar-plants-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/18\/israel-eyeing-solar-plants-in-egypt\/","title":{"rendered":"Israel eyeing solar plants in Egypt?"},"content":{"rendered":"

<\/a> Israel is <\/strong>in talks to set up solar power plants in Egypt<\/strong> as part of a broader strategy to cut carbon emissions and boost its green tech sector, Bloomberg<\/a> reports. Yair Pines, director general of the Israeli prime minister\u2019s office, tells the business news information service that whether these plans progress depends in part on whether reliable transmission and storage infrastructure can be established.<\/p>\n

Egypt isn\u2019t the only country on Israel\u2019s radar:<\/strong> Tel Aviv is also in talks with Jordan, Greece and Cyprus to set up joint PV facilities in their territories.<\/p>\n

Wha<\/strong><\/sup><\/sup>t isn\u2019t clear is where this energy will go:<\/strong> According to Pines, the plants would be linked to the respective countries\u2019 energy grids, opening up the possibility for Egypt to increase solar\u2019s contribution to its energy mix. What seems more likely though is that these facilities will ship most of the electricity back to Israel, helping it to meet its new target to obtain 30% of its energy from renewable sources by 2030.<\/p>\n

Why build here?<\/strong> The scarcity of land in Israel. Pines makes clear that our neighbor\u2019s small, and densely-populated territory is one of the key things driving the government to explore projects in neighbouring territories.<\/p>\n

Egypt also has ambitious renewable energy goals:<\/strong> The government wants to increase renewable energy capacity to cover 42% of the country\u2019s electricity needs<\/a> by 2030, up from just 10% currently.<\/p>\n

IN OTHER ENERGY NEWS-<\/strong><\/p>\n

NPCC + Petrojet to work on EPC projects: <\/strong>Abu Dhabi\u2019s National Petroleum Construction Company (NPCC) will work with state-owned Petrojet to explore engineering, procurement and construction projects in the UAE and Egypt, the company said yesterday<\/a> after signing the MoU.<\/p>\n","protected":false},"excerpt":{"rendered":"

Israel is in talks to set up solar power plants in Egypt as part of a broader strategy to cut carbon emissions and boost its green tech sector, Bloomberg reports. Yair Pines, director general of the Israeli prime minister\u2019s office, tells the business news information service that whether these plans progress depends in part on […]<\/p>\n","protected":false},"author":1,"featured_media":555560,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72,89,150,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","tag-israel","tag-renewable-energy","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"5839e11c-b641-47ea-ae7d-4d378e4fd271","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/507.jpg","photo_position":"above","related_issue":[555551],"teaser":"","voice_url":""},"yoast_head":"\nIsrael eyeing solar plants in Egypt? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/18\/israel-eyeing-solar-plants-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israel eyeing solar plants in Egypt?\" \/>\n<meta property=\"og:description\" content=\"Israel is in talks to set up solar power plants in Egypt as part of a broader strategy to cut carbon emissions and boost its green tech sector, Bloomberg reports. 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This comes a few days after unnamed sources said the company was looking\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597322,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/chinas-united-energy-eyeing-solar-power-plants-in-egypt\/","url_meta":{"origin":555559,"position":2},"title":"China\u2019s United Energy eyeing solar power plants in Egypt","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"Electricity Minister Mohamed Shaker met yesterday with a delegation from China\u2019s United Energy Group, which is interested in setting up solar and concentrated solar power plants, according to Al Mal. The Hong Kong-listed energy firm has been eyeing new investments in Egypt\u2019s energy sector since at least last October.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599138,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/egypt-grants-israel-access-to-lng-plants-after-reaching-gas-settlement\/","url_meta":{"origin":555559,"position":3},"title":"Egypt grants Israel access to LNG plants after reaching gas settlement","author":"enterpriseam admin","date":"19 June 2019","format":false,"excerpt":"Israeli gas could start flowing to Egypt\u2019s LNG plants as soon as next month at an initial rate of 150 mcf\/d, rising to 700 mcf\/d within two years, according to a domestic press report citing an unnamed government official. The news comes after a USD 500 mn settlement this week\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555693,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/23\/more-action-needed-to-unlock-frozen-aid-us-tells-sudans-military-leader\/","url_meta":{"origin":555559,"position":4},"title":"More action needed to unlock frozen aid, US tells Sudan\u2019s military leader","author":"enterpriseam admin","date":"23 November 2021","format":false,"excerpt":"Sudan\u2019s military leadership will need to do more if it is to unlock frozen US aid, US Secretary of State Antony Blinken told the country\u2019s leaders yesterday, a day after military leader Abdel Fattah Al Burhan agreed to reinstate Abdalla Hamdok as the country\u2019s prime minister and form a technocratic\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543462,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/solar-plants-face-new-grid-integration-fees\/","url_meta":{"origin":555559,"position":5},"title":"Solar plants face new grid integration fees","author":"enterpriseam admin","date":"2 February 2022","format":false,"excerpt":"Solar plants are facing more new charges: Solar plants producing more than 500 KW of power will be required to pay fees to the Electricity Ministry to help defray the costs of connecting to the national grid \u2014 a move that industry players say represents a threat to Egypt\u2019s nascent\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/20.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555559"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555559\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555560"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555559"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555559"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}