{"id":622870,"date":"2018-10-15T04:02:33","date_gmt":"2018-10-15T04:02:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/"},"modified":"2018-10-15T04:02:33","modified_gmt":"2018-10-15T04:02:33","slug":"a-string-of-renewable-energy-news-worth-your-attention","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/","title":{"rendered":"A string of renewable energy news worth your attention"},"content":{"rendered":"<p><strong>A string of news from the energy industry <\/strong>worth your attention this morning:<\/p>\n<p><strong>Italy\u2019s Eni is looking to invest USD 300 mn in building solar power stations with a combined production capacity of 300 MW<\/strong>, <a href=\"https:\/\/alborsaanews.com\/2018\/10\/14\/1140992\">Electricity Ministry sources said<\/a>. According to the sources, the company has requested a license from state utilities regulator Egyptera to build a 50 MW solar station as independent power producer. Eni is also in talks with the Egyptian Electricity Transmission Company to build other stations with a combined capacity of 250 MW under a build-own-operate framework.<\/p>\n<p><strong>ACWA to sign PPA for 500 MW Gulf of Suez wind projects by year\u2019s end:<\/strong> Saudi Arabia\u2019s ACWA Power expects to sign power purchase agreements (PPA) with the EETC for its USD 500 mn, 500 MW wind projects in Gulf of Suez before the year is out, <a href=\"https:\/\/alborsaanews.com\/2018\/10\/14\/1140952\">ACWA CEO Paddy Padmanathan said<\/a>. Construction of the projects will begin within 45 days. ACWA had received sign-off for the projects <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/09\/uaes-alcazar-energy-looking-to-snag-usd-500-mn-in-wind-projects\/\">in September<\/a>.<\/p>\n<p><strong>Another \u201cinternational company\u201d will finish constructing its 120 MW Gabal El Zeit 3 wind station before year-end<\/strong>, a source from the <a href=\"https:\/\/alborsaanews.com\/2018\/10\/14\/1140970\">New and Renewable Energy Authority said<\/a>. The source does not disclose the company name, but GE Power had <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/12\/ge-power-to-help-connect-120-mw-of-wind-power-to-the-national-grid-by-2018\/\">reached an identical agreement<\/a> with the EETC last year.<\/p>\n<p><strong>Negotiations between the Electricity Ministry and UAE\u2019s Al Nowais over the Oyoun Moussa coal-fired power plant in South Sinai have stalled<\/strong> over the final price of electricity, <a href=\"https:\/\/www.almalnews.com\/Story\/393845\/59\/%D8%AA%D8%B9%D8%AB%D8%B1-%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D9%85%D8%B9-%C2%AB%D8%A7%D9%84%D9%86%D9%88%D9%8A%D8%B3-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9%C2%BB-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AD%D8%B7%D8%A9-%D9%81%D8%AD%D9%85-%D8%B9%D9%8A%D9%88%D9%86-%D9%85%D9%88%D8%B3%D9%89\">sources told Al Mal<\/a>. The ministry apparently also cited the difficulty of identifying a location for a port to receive the coal in Oyoun Moussa as an obstacle to a final agreement, the sources added. The Egyptian Electricity Holding Company expected to <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\">reach a final agreement<\/a> on the USD 4 bn project with Al Nowais by June. Earlier this month, an <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/11\/oyoun-moussa-coal-plant-acwas-luxor-power-plant-to-go-live-in-four-years\/\">official reportedly<\/a> said the construction of the project will be completed in four years\u2019 time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A string of news from the energy industry worth your attention this morning: Italy\u2019s Eni is looking to invest USD 300 mn in building solar power stations with a combined production capacity of 300 MW, Electricity Ministry sources said. According to the sources, the company has requested a license from state utilities regulator Egyptera to [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622870","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1d852b82-6c23-4702-9740-f61b599cf1b5","order":"0","is_powered_by":true,"section_story_id":"48b25700-94d2-42af-9dfa-e1899c37f6d3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622859],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A string of renewable energy news worth your attention - 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\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A string of renewable energy news worth your attention\" \/>\n<meta property=\"og:description\" content=\"A string of news from the energy industry worth your attention this morning: Italy\u2019s Eni is looking to invest USD 300 mn in building solar power stations with a combined production capacity of 300 MW, Electricity Ministry sources said. According to the sources, the company has requested a license from state utilities regulator Egyptera to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-15T04:02:33+00:00\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A string of renewable energy news worth your attention\",\"datePublished\":\"2018-10-15T04:02:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\"},\"wordCount\":314,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/a-string-of-renewable-energy-news-worth-your-attention\/\",\"name\":\"A string of renewable energy news worth your attention - 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The company has submitted a request to the NREA to allocate three\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\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635853,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/lekela-power-signs-ppa-with-eetc-for-250-mw-gulf-of-suez-wind-farm\/","url_meta":{"origin":622870,"position":1},"title":"Lekela Power signs PPA with EETC for 250 MW Gulf of Suez wind farm","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"Lekela Power has signed a power purchasing agreement with the Egyptian Electricity Transmission Company for its USD 400 mn, 250 MW wind farm in the Gulf of Suez, Al Shorouk reports. Lekela is expecting to reach financial close on the project sometime next year.","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\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605305,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/eetc-to-sign-final-ppa-with-lekela-power-next-month-for-250-mw-suez-wind-farm\/","url_meta":{"origin":622870,"position":2},"title":"EETC to sign final PPA with Lekela Power next month for 250 MW Suez wind farm","author":"enterpriseam admin","date":"27 December 2018","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) plans to sign next month the final power purchasing agreement with Lekela Power next month for its 250 MW wind farm in the Gulf of Suez, after Lekela secured funding for the project, according to unnamed sources. The European Bank for Reconstruction and Development\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\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624421,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/uaes-alcazar-energy-looking-to-snag-usd-500-mn-in-wind-projects\/","url_meta":{"origin":622870,"position":3},"title":"UAE\u2019s Alcazar Energy looking to snag USD 500 mn in wind projects","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"INVESTMENT WATCH- UAE\u2019s Alcazar Energy looking to snag USD 500 mn in wind projects: UAE-based renewables energy firm Alcazar Energy is currently bidding on USD 500 mn-worth of wind projects with a combined generating capacity of 500 MW, Electricity Ministry sources tell Al Masdar. 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The company plans to build around 500 MW-worth of wind farms and 300 MW-worth of solar power plants, he said, adding\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":[]},{"id":600961,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/eetc-signs-ppa-for-lekelas-250-mw-suez-wind-farm\/","url_meta":{"origin":622870,"position":5},"title":"EETC signs PPA for Lekela\u2019s 250 MW Suez wind farm","author":"enterpriseam admin","date":"14 February 2019","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) and Lekela Power signed yesterday the power purchase agreement for Lekela\u2019s USD 325 mn, 250 MW wind farm in the Gulf of Suez, Lekela, said in a statement (pdf). Lekela, which is majority owned by Actis, is preparing to begin construction on the project,\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\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622870","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=622870"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622870\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622870"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622870"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}