{"id":568177,"date":"2020-12-21T03:34:45","date_gmt":"2020-12-21T03:34:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/"},"modified":"2020-12-21T03:34:45","modified_gmt":"2020-12-21T03:34:45","slug":"renewables-are-back-on-the-table","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/","title":{"rendered":"Renewables are back on the table"},"content":{"rendered":"

<\/a> We have more info on the government\u2019s ambitious renewable energy plans:<\/strong> A few days after Electricity Minister Mohamed Shaker announced plans to authorize 2.4 GW of renewable energy projects by 2022, the local press<\/a> has reported that the ministry is in talks with international players to build wind farms capable of producing 1.7 GW, citing unnamed ministry sources. The projects will reportedly cost a combined USD 1.5 bn to implement, the sources said.<\/p>\n

In detail:<\/strong> These include 500-MW plants with Siemens<\/a>, another with a consortium of Toyota, GD France and Orascom, as well as one with the UAE\u2019s Al Nowais<\/a>. Talks are also underway with the UAE\u2019s Masdar Clean Energy to build a 200-MW plant, the sources added, without providing additional details. All agreements are currently in the MoU stage and will be carried out under the BOO (build, own and operate) system, they said.<\/p>\n

The vision:<\/strong> Egypt aims to produce 20% of its electricity from renewable energy by 2022, 12% from wind energy, 6% from hydroelectricity, and 2% from solar energy. The ministry had previously said<\/a> that it has a larger vision with the oil ministry to ensure that 42% of the country\u2019s energy is generated from renewable sources by 2035.<\/p>\n","protected":false},"excerpt":{"rendered":"

We have more info on the government\u2019s ambitious renewable energy plans: A few days after Electricity Minister Mohamed Shaker announced plans to authorize 2.4 GW of renewable energy projects by 2022, the local press has reported that the ministry is in talks with international players to build wind farms capable of producing 1.7 GW, citing […]<\/p>\n","protected":false},"author":1,"featured_media":568178,"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":[9159],"tags":[903,93,72,363,151,484,1231],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-al-nowais","tag-energy","tag-enterpriseam","tag-orascom-construction","tag-renewables","tag-siemens","tag-toyota","wpautop","entry"],"acf":{"mongo_id":"bba779b5-fcf1-4c42-ab96-3c83c234d3e1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/347.jpg","photo_position":"above","related_issue":[568168],"teaser":"","voice_url":""},"yoast_head":"\nRenewables are back on the table - 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\/2020\/12\/21\/renewables-are-back-on-the-table\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renewables are back on the table\" \/>\n<meta property=\"og:description\" content=\"We have more info on the government\u2019s ambitious renewable energy plans: A few days after Electricity Minister Mohamed Shaker announced plans to authorize 2.4 GW of renewable energy projects by 2022, the local press has reported that the ministry is in talks with international players to build wind farms capable of producing 1.7 GW, citing […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-21T03:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/347.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Renewables are back on the table\",\"datePublished\":\"2020-12-21T03:34:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/\"},\"wordCount\":201,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/347.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Al Nowais\",\"energy\",\"EnterpriseAM\",\"Orascom Construction\",\"renewables\",\"Siemens\",\"Toyota\"],\"articleSection\":[\"RENEWABLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/\",\"name\":\"Renewables are back on the table - 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The two sides are looking into how many plants to build and the total cost of the project. Al Nowais hopes to reach an agreement\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":593955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/uaes-al-nowais-offers-to-set-up-usd-700-mn-renewable-energy-plants-in-egypt\/","url_meta":{"origin":568177,"position":1},"title":"UAE\u2019s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity Ministry said, according to Al Mal. A 500 MW wind power plant and a 50 MW solar plant could be built in undisclosed locations under a build-own-operate framework. The bid\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591622,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/al-nowais-to-build-two-renewable-energy-plants-worth-egp-16-bn\/","url_meta":{"origin":568177,"position":2},"title":"Al Nowais to build two renewable energy plants worth EGP 16 bn","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Al Nowais to build two wind, solar energy plants worth EGP 16 bn: Egypt yesterday signed an agreement with UAE\u2019s Al Nowais Investments to build two renewable energy plants worth a combined EGP 16 bn, according to a cabinet statement. The company will build a 200 MW solar\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593568,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/02\/egypt-withdraws-usd-4-bn-contract-with-al-nowais-for-2-65-gw-coal-plant\/","url_meta":{"origin":568177,"position":3},"title":"Egypt withdraws USD 4 bn contract with Al Nowais for 2.65 GW coal plant","author":"enterpriseam admin","date":"2 October 2019","format":false,"excerpt":"INVESTMENT WATCH- Looks like the Al Nowais \u201cclean coal\u201d project may not happen after all: The Electricity Ministry has withdrawn a contract with the UAE\u2019s Al Nowais to build a USD 4 bn, 2.65 GW \u201cclean coal\u201d power station in Oyoun Mousa, government sources told the local press. The sources\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557376,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/16\/two-renewable-energy-producers-want-to-delay-work-on-their-egypt-projects\/","url_meta":{"origin":568177,"position":4},"title":"Two renewable energy producers want to delay work on their Egypt projects","author":"enterpriseam admin","date":"16 September 2021","format":false,"excerpt":"Global inflation is delaying renewable energy projects in Egypt: Two major Middle Eastern energy companies have recently asked to postpone renewable projects under pressure from rising input prices, an official at the New and Renewable Energy Authority (NREA) tells Enterprise. Saudi Arabia\u2019s ACWA Power and the UAE\u2019s Al Nowais have\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\/2021\/9\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577126,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/make-that-28-gw\/","url_meta":{"origin":568177,"position":5},"title":"Make that 28 GW\u2026","author":"enterpriseam admin","date":"10 November 2022","format":false,"excerpt":"Another wind farm courtesy of OC: Orascom Construction\u2019s (OC) consortium with Engie and Toyota Tsusho has signed up to build a fresh 3-GW wind farm here, just days after breaking ground on their 500 MW wind project in Ras Ghareb, the EGX- and Nasdaq Dubai-listed contractor said in a statement\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\/2022\/11\/168.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\/568177","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=568177"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568177\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/568178"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568177"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568177"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}