{"id":586117,"date":"2023-05-07T00:00:00","date_gmt":"2023-05-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/cabinet-greenlights-scatec-europe-interconnector-mou\/"},"modified":"2023-05-07T00:00:00","modified_gmt":"2023-05-07T00:00:00","slug":"cabinet-greenlights-scatec-europe-interconnector-mou","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/07\/cabinet-greenlights-scatec-europe-interconnector-mou\/","title":{"rendered":"Cabinet greenlights Scatec Europe interconnector MoU"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">A step towards an electricity link with Europe:<\/span><span style=\"\"> Ministers approved<\/span><span style=\"\"> on <\/span><span style=\"\">Wednesday the signing of an MoU with Norwegian renewables developer Scatec to study a new 3-GW Egypt-Europe electricity interconnection project, cabinet said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid08BtgGrRiKWDys9dCCtNCeTtRtafdFhoBiy41GR8XiqsTLWfQ5XeW38pjbgQhrfWcl\" style=\"\">a statement<\/a><\/span><span style=\"font-weight:400;\"> following its weekly meeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What we know:<\/span><span style=\"\"> The CEO of the Norwegian company in February <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4300b9a7-cef7-4538-a721-679ff6de206e\" style=\"\">proposed to the government<\/a><\/span><span style=\"font-weight:400;\">establishing a 3-GW link between Egypt and Italy, allowing the North African country to export renewable energy to Europe. The project would be backed financially by the Norwegian government. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This is the latest in a growing number of proposed Egypt-Europe interconnectors:<\/span><span style=\"\"> The <\/span><span style=\"\">loss of Russian energy supplies has forced the European Union to rapidly strengthen energy ties with countries in the eastern Mediterranean and build the infrastructure necessary to increase its imports of natural gas and electricity from countries in the region.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The news received international attention:<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/idUSS8N36D01P\" style=\"\">Reuters<\/a><\/span><span style=\"\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">CABINET ALSO APPROVED-<\/span><\/p>\n<ul>\n<li><span>A draft law <\/span><span style=\"font-weight:700\">criminalizing harassment and bullying<\/span><span style=\"font-weight:400;\">; <\/span><\/li>\n<li><span>Amendments to the Child Act that would <\/span><span style=\"font-weight:700\">extend <\/span><span style=\"font-weight:700\">maternity leave rights to adoptive mothers<\/span><span style=\"\"> of babies less than six months old;<\/span><\/li>\n<li><span style=\"\">Draft bills giving the Oil Ministry the go-ahead <\/span><span style=\"font-weight:400;\">to sign four oil exploration contracts in the Gulf of Suez and two oil and gas exploration contracts in the Eastern Mediterranean. The contracts would be signed with various companies including state-owned firms EGPC and EGAS, as well as BP, Wintershall Dea, and Trident Petroleum. <\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Norwegian company wants to build a 3-GW electricity link between Egypt and Italy<\/p>\n","protected":false},"author":1,"featured_media":586118,"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":[7306],"tags":[282,244,93,72,7111,187,91,573],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-electricity","tag-energy","tag-enterpriseam","tag-infrastructure","tag-legislation-watch","tag-oil-and-gas","tag-scatec","wpautop","entry"],"acf":{"mongo_id":"6e7111e3-755b-4f7c-abd6-4bd511c2f72e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/305.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt to study Scatec interconnector proposal","related_issue":[586104],"teaser":"The Norwegian company wants to build a 3-GW electricity link between Egypt and Italy","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.d4390eb2-be24-4460-957e-6f22da5b8a74.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The CEO of Norwegian renewable energy developer Scatec proposed a new electricity interconnection project between Egypt and Europe in a meeting with Prime Minister Moustafa Madbouly last week, according to a cabinet statement. The project would be backed by the Norwegian government and would\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/benban-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589631,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/scatec-signs-land-pact-for-5-gw-wind-farm\/","url_meta":{"origin":586117,"position":1},"title":"Scatec signs land pact for 5-GW wind farm","author":"enterpriseam admin","date":"6 July 2023","format":false,"excerpt":"The USD 5 bn plant will be key to helping Egypt achieve its ambitious renewable energy targets","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/150.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611131,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/03\/scatec-to-set-up-egypts-first-hybrid-solar-battery-plant\/","url_meta":{"origin":586117,"position":2},"title":"Scatec to set up Egypt\u2019s first hybrid solar + battery plant","author":"enterpriseam admin","date":"3 December 2023","format":false,"excerpt":"The project will be financed by the African Development Bank","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/24.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":673663,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/16\/egypt-europe-interconnection-via-italy-advances\/","url_meta":{"origin":586117,"position":3},"title":"Egypt-Europe interconnection via Italy advances","author":"enterpriseam admin","date":"16 October 2025","format":false,"excerpt":"The project paves the way for Egypt to export surplus renewable capacity to Europe","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/776.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577087,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/egypt-has-just-lined-up-as-much-as-25-gw-worth-of-wind-projects\/","url_meta":{"origin":586117,"position":4},"title":"Egypt has just lined up as much as 25 GW worth of wind projects","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Egypt lined up commitments for up to another 15 GW of wind power yesterday, bringing to 25 GW the total new wind-power generation capacity it has locked in recent days. 25 GW: That\u2019s A LOT of power. It\u2019s almost half of the country\u2019s current installed capacity, which at the end\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/145.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595226,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/scatec-solar-raises-capacity-target\/","url_meta":{"origin":586117,"position":5},"title":"Scatec Solar raises capacity target","author":"enterpriseam admin","date":"19 September 2019","format":false,"excerpt":"(Potential) INVESTMENT WATCH- Scatec Solar raises capacity target. Let\u2019s hope Egypt is a recipient of any new investments: Norwegian solar power plant company Scatec Solar plans to raise its capacity buildup target for solar power by 1 GW to 4.5 GW by the end of 2021, the company said yesterday.\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586117","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=586117"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586117\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/586104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/586118"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=586117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=586117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=586117"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=586117"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=586117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}