Weekly meeting will be held with Ministry of Electricity officials until a final agreement is reached, says Acwa Power Regional Manager
Latest by Mohamed Farag
The MOUs and financial agreements will aim to address Egypt’s energy needs through the establishment and renovation of power plants
Eighteen companies, including Benchmark, Morton and Sabbour, AKTOR, Contrack FM, Falcon, and Injaz, will present their offers by mid-February, NREA conducts agreement
The US company aims to establish a factory to manufacture wind turbines in Egypt
Specialised committee formed to study project’s technical and financial aspects: El-Sobky
There were no other requests and all applicants were granted approval, says EEUCPRA Director of Licensing
$500m to construct solar energy projects in collaboration with RIC over two years
We took measures to raise €180m for the first phase of the project, says head of Renewable Energy Authority
German company Siemens will add a capacity factor of 2000 megawatts of wind energy by 2022, building up to 12 wind farms in Egypt
We are participating with the Ministry of Electricity and renewable energy companies to produce 2 GW, says Africa and Caribbean head
The government is working to provide facilitations and incentives for investors to improve economic growth, says Acwa Power Regional Manager
Final negotiations to take place with Shanghai, Dongfang, and Sinohydro after the agreements have been signed
The CEO of the renewable energy agency discusses providing a plot of land for parking in Aswan
The company provided €52m investments in electricity projects in Egypt and North Africa last year
Non-performing bodies will schedule receivables, with several facilitations and incentives in payment
A source at the company said electricity distribution companies need 79 medium-voltage dispensers that cost EGP 24.8m, medium voltage network lines 1,375km long that cost of EGP 234.9m, and 3,498km long cables that will cost EGP 1.2bn.
Investors prepare their proposals to obtain funds for projects worth $2bn
Minister of Electricity Mohammed Shaker said the ministry increased the capacities of the national electricity network by about 6,882MW, presenting urgent projects with estimated investments of about EGP 238bn by the end of December.
Egypt will enter 2016 with economic solutions for the provision of sustainable electricity through the nuclear plant, along with other projects to generate solar and wind power.
Nile water is ruled out and to be replaced by wells
Loan for Siemens stations, Borollos, new administrative capital to be signed next month
$4m pumped for next year in transportation, housing, and electricity sectors: Al-Daly
Maximum waiting period for approval is three months, cost has yet to be determined
Geological report says Kom Ombo plant land will be complete in 15 weeks
Four companies miss signing ceremony due to urgent circumstances, and will be allowed to sign Thursday
Bilateral talks between the Ministries of Electricity and Finance are taking place in order to set a mechanism and vision to obtain foreign exchange to enable investors in the renewable energy sector to pay the instalments and interests of their loans.
List includes TAQA Arabia, Cairo Solar, Orascom, Lekela Power, FES, and Nubian