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Siemens opens new energy services center, training academy in Egypt
The premises also encompasses the Egyptian German Technical Academy (EGT Academy) as state-of-the-art training hub for the vocational training in the region. Specifically, the Academy represents a strategic alliance between Siemens and the Deutsche GesellschaftfürInternationaleZusammenarbeit (GIZ)-on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
Egypt, Jordan, and Iraq discuss tripartite cooperation on energy, reconstruction
The ministers also addressed political issues, agreeing on putting a halt to any foreign interference and supporting the Arab region’s stability. Shoukry added that Egypt, Iraq, and Jordan have a common vision for preserving Arab national security, in addition to addressing the common challenges in the region.
High EGX trading expected this week after awaited factory energy price cut
EGX to target 11,600 points level by end of October, says Aman Securities’ Al-Aasar
Egypt implements Sinai, Suez electricity network to improve energy services
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network
Egypt parliament approves 2 international sustainable energy agreements
EBRD, AFD offer €336m to finance Egypt’s 2030 National Agenda and 17 SDGs
Industrial stocks surge in anticipation of more energy prices cut
Industry sources told Daily News Egypt that companies, including Egyptalum, continue to push hard for a further lowering of electricity prices from the current $0.06/kwh or EGP 1.0/kwh, to $0.04/kwh.
IFC invests $10m in Egypt’s Globaltronics to enhance energy efficiency
Project is part of World Bank Group’s strategy to help Egypt optimise its overall domestic electricity consumption, says Globaltronics Chairperson
APICORP anticipates $792bn investments in MENA energy over 5 years
Egypt implements petrochemical projects worth $38bn in 2020-2024
Parliament approves $50m EBRD agreement for energy efficiency improvement
Agreement supports Egypt’s transformation into regional energy hub, says Minister Al-Mashat
Egypt, AFD sign €151m grant agreement to support energy sector
Agreement provides finance for technical assistance needed to reform Egypt’s energy sector
EM may benefit from COVID-19 recession, risk for energy exporters: Renaissance Capital
No evidence yet that political leaders in DM or EM will see popularity suffer due to pandemic policies
Schneider Electric to provide energy management system to Castle Landmark
About 70% of Castle Landmark’s electricity shall be generated from solar-powered photovoltaics, says Castle CEO
US energy policy focuses on partnerships with other countries such as Egypt: US official
Egypt encourages foreign investments by opening channels for capital transfers, says CBE governor
IPP system attracts foreign companies to invest in local energy projects
Electricity Ministry receives requests to establish IPP projects with $2.5bn investments
Electricity Ministry seeks more foreign contributions in energy projects
Interconnection projects with Sudan, Saudi Arabia, Cyprus, and Greece to be concluded this year
Optimism among energy investors amid demands to accelerate tenders, projects
ACWA Power to start establishing “Luxor” and “Kom Ombo” stations with 2.45GW capacity
UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
Energy prices, bank interests are the industry’s biggest obstacles in Egypt: Mohamed Hanafy
We can compete abroad only by reducing the cost price, says director of the Metallurgical Industries Chamber at FEI
Egypt’s energy capabilities exceed its needs: Vice President of World Energy Council
Our main objective is to provide energy for everyone at reasonable prices, says Elham Ibrahim
Egypt receives $2bn worth bids to establish waste-to-energy projects
Arab, foreign companies find appetite to invest in the sector after cabinet’s approval of feed-in tariff
MedaWeek Barcelona 2019 to tackle circular economy, energy revolution
From 20 to 22 November, authorities, businesspersons from both shores of the Mediterranean will meet to tackle the economic and social challenges of the region
Egypt sets waste-to-energy purchasing tariff at EGP 1.4 per kw/h
Earlier, Daily News Egypt reported that several government agencies will share in the purchasing tariff of electricity from waste-to-energy plants for two years, bearing 37 piasters to be added to the original tariff of EGP 1.03 to reach EGP 1.40 per kw/h.
Solar market rebounds despite lack of funding, awareness
A total of 332 small power plants were connected to the national grid, outputting 23.5MW
African Development Bank invests $1.7bn in Egypt’s energy sector since 2007
“We seek to implement Sahara Transformation Initiative to produce 10GW,” says Shonibare
Egypt starts digitalisation of energy grid: Electricity minister
The Chinese proposals include innovative solutions in the fields of communications and information technology to build a strong, flexible, and safe electricity grid, Shaker said.
1% improvement in resource, energy efficiency could save $275bn for Asia-Pacific: UNESCAP chief
Nothing less than a full transformation into a low-carbon economy to avert the impacts of climate change, says Ovais Sarmad
UNIDO allocates $5.6m to finance energy efficiency improvement projects in factories
Allocated financing to be used in solar heating and electric motors
Egypt inks energy cooperation MoU with US Department of Energy
The MoU aims to create boost cooperation, and to facilitate the sharing of technical knowledge and expertise.
Egypt, EU agree on €110m projects for 2020 in energy, water, trade, investment and local development sectors
The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020.
Egyptians brace for rising prices due to fuel subsidy cuts
Egyptians are bracing for higher prices despite recent declines in food prices as fuel prices increase throughout the country