In the interest of promoting the use of solar power across the world, the International Solar Alliance (ISA) has proposed an agreement to facilitate trading of solar power across borders.
The Middle East and North Africa will be one of the keenly watched emerging solar power markets this year, as a large number of tenders representing huge capacities are expected to be launched by several countries there. According to a report released by the Middle East Solar Industry Association last … [continued]
The Egyptian Ministry of Electricity this week took a major step towards the development of one of the largest solar power parks in the world. A total of 11 project developers have signed agreements to develop projects that will form a part of the 1.8 GW solar power park planned for … [continued]
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]
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]
ACWA Power, together with Masdar, has joined a long list of international renewable energy project developers entering into agreements with the Egyptian government to set up large-scale solar power capacity. According to reports, the Egyptian government has signed agreements with a number of project developers to set up at least 6.5 … [continued]
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]
Not only does Egypt plan to auction of 2GW each of solar power and wind capacity, but also support domestic manufacturing of needed equipment.
