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]
Egypt is set to start raising funds for an ambitious wind energy project that will result in setting up of 2 GW of operational capacity. The New and Renewable Energy Authority (NREA) has announced that it is at the final stage of negotiations to raise €180 million for a large-scale … [continued]
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]
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]
The Egyptian Electricity Transmission Company (EETC) has launched a 200 MW solar PV tender (on August 30). The tender represents a significant part of the country’s refreshed commitment towards increasing its share of renewable energy, an effort being spearheaded by the New and Renewable Energy Authority (NREA). The new tender … [continued]
Originally published on Planetsave. With ample natural resources to supply the renewable energy market, Egypt is finally finding its way to a cleantech future. Plagued with chronic shortages in electricity supply, a new, ambitious wind and solar procurement schedule is propelling the country forward. Released recently by Apricum–The Cleantech Advisory, … [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.
Following up on my “Top Wind Power Countries In The World Per Capita” rankings and article, below are “Top Wind Power Countries In The World Per GDP” rankings for total installed wind power at the end of 2012 as well as newly installed wind power during the year 2012. Top … [continued]
