{"id":621401,"date":"2018-11-07T04:19:52","date_gmt":"2018-11-07T04:19:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-can-increase-investments-in-benban-plant-to-usd-6-bn-by-2022-says-irena-director-general\/"},"modified":"2018-11-07T04:19:52","modified_gmt":"2018-11-07T04:19:52","slug":"egypt-can-increase-investments-in-benban-plant-to-usd-6-bn-by-2022-says-irena-director-general","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-can-increase-investments-in-benban-plant-to-usd-6-bn-by-2022-says-irena-director-general\/","title":{"rendered":"Egypt can increase investments in Benban plant to USD 6 bn by 2022, says IRENA director general"},"content":{"rendered":"

Egypt could attract more than 2x its present investment in solar though 2022 \u2013IRENA boss: <\/strong>Egypt has landed about USD 2 bn in investment in solar energy projects, largely in the world-scale Benban solar park, but could see that figure grow to as high as USD 6 bn by 2022 with a stable policy frameworks and straightforward regulations, said Adnan Z. Amin<\/a>, the director general of the Abu Dhabi-based International Renewable Energy Agency (IRENA). \u201cEgypt is a very promising market for investments thanks to the political leadership which has adopted an ambitious plan for electricity production from renewable sources, and reduced the reliance on traditional fuel in production plan \u2014 a trend that many countries have adopted in order to achieve sustainability,\u201d Amin said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt could attract more than 2x its present investment in solar though 2022 \u2013IRENA boss: Egypt has landed about USD 2 bn in investment in solar energy projects, largely in the world-scale Benban solar park, but could see that figure grow to as high as USD 6 bn by 2022 with a stable policy frameworks […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[93,72,3175,151,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621401","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-international-renewable-energy-agency","tag-renewables","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"119802b3-9634-4bb1-8a0e-0f5ed12e17a8","order":"0","is_powered_by":true,"section_story_id":"4c0971e4-3152-4804-bea2-c5c9836ae111","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621388],"teaser":"","voice_url":""},"yoast_head":"\nEgypt can increase investments in Benban plant to USD 6 bn by 2022, says IRENA director general - 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Egypt aims to produce 20% of its energy\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":622716,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/10\/egypt-needs-to-nearly-triple-its-investment-in-clean-energy-to-meet-its-2030-energy-targets-says-irena\/","url_meta":{"origin":621401,"position":2},"title":"Egypt needs to nearly triple its investment in clean energy to meet its 2030 energy targets, says IRENA","author":"enterpriseam admin","date":"10 October 2018","format":false,"excerpt":"** #10 Egypt needs to increase its investment in clean energy by nearly threefold to meet its energy targets of producing half of the country\u2019s electricity needs from renewables by 2030, the International Renewable Energy Agency (IRENA) says in a report (pdf) on Egypt\u2019s renewable energy outlook. The existing policies\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":591334,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/egypts-benban-solar-part-to-be-inaugurated-in-december\/","url_meta":{"origin":621401,"position":3},"title":"Egypt\u2019s Benban solar part to be inaugurated in December","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"The Benban solar energy park in Aswan is slated for inauguration this month, sources from the Electricity Ministry told the local press. Benban was due for inauguration in November as USD 2 bn, 1.46 GW-worth of solar plants have already started commercial operations. Among the companies that built power plants\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":549099,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/04\/egypt-greece-plot-9-5-gw-renewables-project-plus-private-sector-solar-tender-coming\/","url_meta":{"origin":621401,"position":4},"title":"Egypt + Greece plot 9.5 GW renewables project. Plus: Private sector solar tender coming?","author":"enterpriseam admin","date":"4 September 2022","format":false,"excerpt":"Egypt and Greece are working on a plan to add 9.5 GW of renewable power generation capacity in Egypt for export to Greece, according to an Ittihadiya statement Thursday. The electricity would be generated by wind and solar plants and would be shipped across the Mediterranean via subsea cables, the\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\/9\/107.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596165,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/elsewedy-electric-scatec-solar-begin-commercial-operations-at-new-benban-solar-plants\/","url_meta":{"origin":621401,"position":5},"title":"ElSewedy Electric, Scatec Solar begin commercial operations at new Benban solar plants","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"Elsewedy, Scatec Solar begin commercial operations at new Benban solar plants: ElSewedy Electric has reached full commercial operation at two solar energy plants in Aswan\u2019s Benban solar power park, according to a company statement (pdf). 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