$4 Billion Says Green Hydrogen Is Here To Stay, With A Green Ammonia Twist
Egypt climbs on the green hydrogen bandwagon with a new $4 billion project aimed at high volume green ammonia production.
Egypt Renewable Energy
US Fiddles While Egypt Plays To Green Hydrogen Fans In Europe
ACWA Power is flexing its wind power muscle in Egypt, where policymakers are eyeballing Europe’s thirst for green hydrogen.
Egypt Could Generate More Than Half Of Its Electricity Needs From Renewable Energy
According to a new report from the International Renewable Energy Agency, Egypt has the potential to generate 53% of its electricity from renewable energy sources by 2030 and could reduce its energy bill by up to $900 million annually.
Siemens Proposes €10 Billion Renewable Energy Investment In Egypt
The Egyptian Ministry of Electricity recently received a proposal for a massive renewable energy investment in the country from Siemens. According to recent media reports, German company Siemens has proposed investment worth €10 billion in Egypt to set up 10 GW of renewable energy capacity. The reports, however, did not … [continued]
Siemens, GE Plan Wind Turbine Manufacturing Facilities In Egypt
Egypt is emerging as a favoured destination for global wind turbine manufacturing companies as they look to tap the growing potential of the country’s renewable energy market. According to media reports, GE and Siemens are looking to make significant investments in Egypt to build manufacturing facilitates to cater to the … [continued]
Masdar Plans More Renewable Energy Projects In MENA Region
Abu Dhabi-based Masdar Group is looking to expand its renewable energy footprint in the Middle East and North Africa region (MENA). According to media reports, Masdar’s Chief Executive Officer, Dr. Ahmad Belhould, recently stated that Masdar Group is looking to invest aggressively in renewable energy projects in Egypt, Jordan, and … [continued]
EBRD Earmarks $500 Million For Solar Power Projects In Egypt
Egypt’s solar power program has received a significant boost from international backing. The European Bank for Reconstruction and Development has earmarked $500 million to support solar power projects in Egypt. The bank also plans to support the construction of up to 2 GW of solar power projects. The debt finance by … [continued]
Solar Power Projects Worth $3 Billion Planned In Egypt’s Aswan Region
Egypt’s grand plans to boost development of solar power infrastructure seem to be taking shape. The Aswan Governorate recently announced plans to set up 39 solar power projects with a total cost of $3 billion, which will be set up as per the rules and regulations already stated by the … [continued]
Mainstream, Actis JV To Set Up 250 MW Wind Energy Project In Egypt
Lekela Power, a joint venture company between Mainstream Renewable Power and investment firm Actis, has announced its third renewable energy project in Egypt. Lekela Power will set up a 250 MW wind energy project in Egypt which takes the company’s total project pipeline in Africa to 1.1 GW. Lekela Power … [continued]
European Development Banks To Finance Egyptian Renewable Energy Projects
After attracting interest from renewable energy project developers from around the world, Egypt is likely to get financial support from development banks in Europe to make make the projects operational. The European Bank for Reconstruction and Development (EBRD) announced that it has received funding requests from as many as 67 … [continued]
