Egypt

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07 08 2022 | 09:34

Egypt’s ACUD to launch largest project in the world to generate solar power ahead of COP27

The Administrative Capital for Urban Development (ACUD) is preparing to list the largest international tender to make use of the rooftops of the buildings in the residential districts of the New…

07 08 2022 | 08:10

EGYPT: 70 locally produced electric buses to run in Cairo from October

As part of its climate policy, the Egyptian government will put 70 electric buses on the road in the governorate of Cairo. These locally manufactured vehicles will serve the population while…

28 07 2022 | 20:25

Egypt’s Infinity to become Africa’s largest renewable energy company

Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Power in an undisclosed deal that is expected to close…

28 07 2022 | 20:19

AFRICA: Actis confirms sale of renewable energy producer Lekela Power

UK investment company Actis has confirmed the sale of Lekela Power. The renewable energy producer is a joint venture established in 2015 with Mainstream Renewable Power to develop a portfolio of…

28 07 2022 | 19:55

Renewable energy brings true blessing and no curse

What you need to know: The problem with fossil fuels is, that they give power to the few who own and control them. Wind, solar and geothermal resources bring true blessing and no curse.…

19 07 2022 | 12:13

EGYPT: MIGA guarantees $98 million to refinance six solar farms in Benban

The Multilateral Investment Guarantee Agency (MIGA) is guaranteeing $98.3 million for the refinancing of six solar photovoltaic plants owned by Scatec and Africa50 in the Benban complex in Egypt.…

19 07 2022 | 12:07

UN urged to move Cop27 from Egypt over ‘LGBTQ+ torture’

A White House adviser and his partner have called on the United Nations to move a key climate change summit from Egypt due to the country’s treatment of LGBTQ people, citing fears that they and other…

19 07 2022 | 09:00

‘It’s a sham’: Egypt accused of restricting protest in run-up to Cop27

Five months before a pivotal UN climate summit in Sharm el-Sheikh, one of Egypt’s most prominent political prisoners remains behind bars. Now on his 89th day of a hunger strike, Alaa Abd El Fattah is…

12 07 2022 | 07:30

EGYPT: Taqa inaugurates solar power plant in Soma Bay and signs up for desalination

The Egyptian company Taqa Arabia is commissioning a solar photovoltaic plant in Soma Bay, a resort on the Red Sea in Egypt. In the wake of the plant's inauguration, Taqa has signed an agreement to…

05 07 2022 | 07:34

Egypt, EU to partner on green hydrogen production & renewable energy

The European Union (EU) and Egypt have issued a joint statement where they declared their commitment to partner to advance a just green transition. During a visit of the President of the European…

29 06 2022 | 10:25

Marseille, Alexandria and Istanbul prepare for Mediterranean tsunami

A tsunami could soon hit major cities on or near the Mediterranean Sea including Marseille, Alexandria and Istanbul, with a nearly 100% chance of a wave reaching more than a metre high in the next 30…

26 06 2022 | 08:00

EGYPT: Acwa and Hassan Allam to build 1.1 GW wind power complex in Gabal el Zeit

The Egyptian government is entrusting the construction of the Gabal el Zeit wind farm complex to a consortium formed by the Saudi company Acwa Power and the Egyptian Hassan Allam Holding. The wind…

14 06 2022 | 09:36

EGYPT: Stellantis to establish an electric vehicle manufacturing plant in 2025

In Egypt, the multinational automotive group Stellantis will build a plant for the local manufacture and export of electric vehicles.

07 06 2022 | 21:41

EGYPT: Two new plants convert waste into electricity in Abu Khreita

The Egyptian Arab British Company for Dynamic Industries (ABD) has completed the construction of two solid waste-to-energy plants in the city of Abu Khreita, Egypt. The announcement was made by the…

01 06 2022 | 10:04

EGYPT: CBE lends $162m to ABE for modern irrigation in 2 governorates

The Central Bank of Egypt (CBE) is providing a loan of 3 billion Egyptian pounds (over $162 million) to the Agricultural Bank of Egypt (ABE). With this financing, the ABE will support modern…

28 04 2022 | 12:45

Masdar plans 4 gigawatts of green hydrogen production in Suez

Masdar and Hassan Allam Utilities have signed two memorandums of understanding with Egyptian state-backed organisations to cooperate on the development of up to 4GW of green hydrogen production…

18 04 2022 | 15:16

Egypt can cover all electricity needs from solar energy in 10 years only due to natural favors: Energy expert

The future of renewable energy in Egypt is far more promising than that in Europe if the human factor from laws and decision makers will earnestly pave the way since nature gives the country all the…