Leading solar power project developers are flocking to Egypt’s solar power market, which is set for a massive expansion. Terra Sola has approached the Egyptian government with an intention to invest $3.5 billion to develop solar power projects. Terra Sola CEO David Heimhofer met with the Egyptian Prime Minister and … [continued]
Access Infra Africa has announced plans to invest $500 million in developing renewable energy projects in Africa over the next three years. The company is expected to initiate this investment from Egypt, which recently conducted an auction of solar and wind energy projects. Access Infra Africa — a joint venture … [continued]
In anticipation of its auctioning of renewable energy capacity, the Egyptian government has announced feed-in tariff plans for large and small systems.
Not only does Egypt plan to auction of 2GW each of solar power and wind capacity, but also support domestic manufacturing of needed equipment.
