{"id":673116,"date":"2025-10-06T00:00:00","date_gmt":"2025-10-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/06\/fresh-updates-on-zafarana-repowering-project\/"},"modified":"2025-10-06T00:00:00","modified_gmt":"2025-10-06T00:00:00","slug":"fresh-updates-on-zafarana-repowering-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/06\/fresh-updates-on-zafarana-repowering-project\/","title":{"rendered":"Fresh updates on Zafarana repowering project"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RENEWABLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/www.voltalia.com\/\" style=\"\" rel=\"noopener\">Voltalia<\/a><\/strong><strong> plans to invest USD 250 mn to develop its 3.2 GW renewables <\/strong><strong>Suez <\/strong><strong>project with Taqa Arabia<\/strong>, Karim Elazzawy, the French renewables firm managing director for Egypt and Jordan, told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/100962\/%D9%81%D9%88%D9%84%D8%AA%D8%A7%D9%84%D9%8A%D8%A7-%D8%A7%D9%84%D9%81%D8%B1%D9%86%D8%B3%D9%8A%D8%A9-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-250-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\/?utm_term=Autofeed&utm_campaign=ebx-egy&utm_medium=Social&utm_source=Facebook&fbclid=IwY2xjawNNojNleHRuA2FlbQIxMABicmlkETFUWXR2d1ozbE12QkxHV25QAR4AkdzRLJJUQ6d_0P9zZ6LBo6jmRIDkk5HQyDu5b-IQ6QqPpwJQs9LpcHG_ug_aem_O_jP5FdDL-ogOqGTWTcW8g#Echobox=1759478605\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The project to repower the existing 545 MW Zafarana wind farm with 1.1 GW of wind and 2.1 GW of solar power is expected to cost more than USD 2 bn. The project\u2019s developers will contribute around a quarter of the needed capital, with the remainder coming from international development finance institutions, Elazzawy said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> Voltalia and Taqa Arabia signed a MoU with the Egyptian Electricity Transmission Company and the New and Renewable Energy Authority <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d3ee0dc0-c392-499e-bfd5-3d2ae4d554bb\/taqa-arabia-voltalia-consortium-and-the-uae%25e2%2580%2599s-alcazar-could-set-up-5.2-gw-worth-of-egyptian-renewables-projects?utm_source=chatgpt.com\" style=\"\" rel=\"noopener\">late last year<\/a> to repower the renewables station. The project is expected to be Egypt\u2019s first fully integrated wind-solar power station, optimizing land use and reducing costs compared to conventional single-technology stations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MANUFACTURING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/bmecimaging.com\/\" style=\"\" rel=\"noopener\">BMEC Imaging<\/a><\/strong><strong> will establish a USD 4.5 mn medical manufacturing and <\/strong><strong>remanufacturing facility in Egypt<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02FsdvQBE3koNmGNpmDuAWUAg39xyCbTn5cA3DiJwxMizYgW9R9A2zmmiCP6EbnLLVl\" style=\"\" rel=\"noopener\">statement<\/a>. The BMEC Imaging Egypt project will manufacture and refurbish X-ray, dialysis, and MRI machines, in addition to other high-tech pieces of medical technology.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">BANKING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bank NXT to help Social Housing Fund expand mortgage financing: <\/strong>The Social Housing and Mortgage Finance Fund signed a cooperation protocol with Bank NXT to expand mortgage financing for low and middle income housing, increasing the cap to EGP 2 bn from EGP 800 mn, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/10\/242.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The fund will also roll out an upgraded digital platform to streamline applications, after receiving over 2.1 mn requests for housing units under its programs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- India\u2019s BMEC Imaging will establish a USD 4.5 mn medical manufacturing and remanufacturing facility in Egypt<\/p>\n","protected":false},"author":1,"featured_media":673117,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,8240,204,72,7115,131,151,5580,7234,615,3693,7081],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-673116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-bank-nxt","tag-banking","tag-enterpriseam","tag-healthcare","tag-manufacturing","tag-renewables","tag-social-housing-and-mortgage-finance-fund","tag-solar-power","tag-taqa-arabia","tag-voltalia","tag-wind-power","wpautop","entry"],"acf":{"mongo_id":"d6769451-7e75-4fcb-81df-1ba0761e0008","order":"13","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/1515.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Fresh updates on Zafarana repowering project","related_issue":[673095],"teaser":"PLUS- India\u2019s BMEC Imaging will establish a USD 4.5 mn medical manufacturing and remanufacturing facility in Egypt","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.f8d6a799-a672-4c96-acd7-2e206d71f32f.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 statement does not provide further details on the potential investment size, production capacity, or timeline for any of\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\/12\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656957,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/mnt-halan-enters-the-uae-market-with-halan-advance-launch-plus-hassan-allam-utilities-acwa-power-somabay-taqa-arabia-amea-power-monoprix-tmt\/","url_meta":{"origin":673116,"position":2},"title":"MNT-Halan enters the UAE market with Halan Advance launch. PLUS: Hassan Allam Utilities + ACWA Power, Somabay + Taqa Arabia,  AMEA Power, Monoprix + TMT","author":"enterpriseam admin","date":"12 December 2024","format":false,"excerpt":"MNT-Halan has a target of building its customer base in the country to 250k by the end of next year","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2376.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559622,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/27\/also-on-our-radar-on-27-january-2021\/","url_meta":{"origin":673116,"position":3},"title":"Also on our radar on 27 January 2021","author":"enterpriseam admin","date":"27 January 2021","format":false,"excerpt":"Former Tax Authority head Abdel Azim Hussein will be put on trial at a criminal court to face charges of corruption, reports Ahram Gate. An investigation into Hussein and five of his associates found evidence that he accepted bribes, leading the public prosecutor to refer him to trial. Hussein was\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":673116,"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":599650,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/taqa-arabia-to-connect-its-50-mw-benban-solar-power-plant-to-the-national-grid-on-15-january\/","url_meta":{"origin":673116,"position":5},"title":"TAQA Arabia to connect its 50 MW Benban solar power plant to the national grid on 15 January","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"Qalaa Holding\u2019s subsidiary TAQA Arabia is expected to connect its USD 80 mn, 50 MW solar power plant in Aswan\u2019s Benban solar power park to the country\u2019s national grid on 15 January, according to El Watan. Alcazar Energy and FAS Energy have also completed the construction of their 50 MW\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\/673116","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=673116"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/673116\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/673095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/673117"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=673116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=673116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=673116"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=673116"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=673116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}