Latest in Tag: NREA Highlight

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Latest in Tag: NREA

25 companies close to complete financial closure of solar energy projects

Mohamed El-Khayat, Chairman of the New and Renewable Energy Authority (NREA), said that 25 companies are close to complete the financial closure of solar energy projects in the second phase of the feed-in tariff system. He told Daily News Egypt that the indicators of the projects look very promising, where 22 companies signed the land …

Mohamed Farag

20% target of renewable energy sources remains following flotation: NREA head

The target for 20% of Egypt’s power requirements to be generated from renewable sources will remain unchanged following the flotation of the Egyptian pound, according to Mohamed El-Sobky, head of the New and Renewable Energy Authority (NREA). El-Sobky hopes the flotation will not affect investors’ desire to invest in Egypt. He added that the new …

Hisham Salah

Intro Energy is planning to launch several projects to produce electricity from renewable resources with investments of $100m within three years.

NREA recovers lands of feed-in tariff projects from 5 withdrawing companies

The New and Renewable Energy Authority (NREA) has recovered the lands of the solar energy projects in Banban, Aswan from five companies that have withdrawn from implementing the project. Sources in the NREA said that the authority has recovered 5 sqkm from Abdul Latif Jameel Company, Enel Green Power, Cairo Solar, Orascom Telecom, and Triangle. …

Mohamed Farag

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