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Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC
Remaining sums most likely to be paid on instalments, according to industry sources
Hero MEA establishes solar power station to ration electricity consumption
Corporation invested about 75% of project’s total cost, says Bazan
Egypt fixes tariff for solar power plants usufruct rights at 2% of production
Six companies approached signing of contracts with governorates to establish stations worth $400m
Solar power plants’ auction scheme to be ready in August
Sources at the ministry of electricity told Daily News Egypt that the IFC will set the controls and the mode of presenting the offers and their assessment, given that the auction system will be implemented in Egypt for the first time.
Solar power in a bottle brings light to remote communities in Brazil
Egyptian-Chinese alliance offers to sell solar power to BMIC
$80m investments to be injected in project, ADB approves fund
Solar power plant saves EGP 10,000 per month on electricity bill
Capacity is equivalent to planting 12,900 trees, cuts emissions by 129 tonnes
Egypt aims to produce 5,651 MW of renewable energy by 2022
Arab, international companies’ contributions to Egypt’s solar, wind power stations reached 93.9%
Fas Energy considers establishing $420m worth solar power, recycling projects
Company invested $100m in feed-in tariff projects that will be completed by next year
Italy’s Eni seeks to obtain electricity production license
Company plans to implement solar power projects worth $300m next year
Enara to complete 3 solar power projects in Benban by Q1 2019: CEO
Operating power projects costs $200m, on net-metering system, independent production
EEG to issue qualified companies’ list to establish West Nile solar power in September
New and renewable energy authority grants operator right of use for 25 years
KarmSolar, El Badr for Investment and Commercial Spaces sign 20MW solar power agreement for Arkan Plaza to run 100% on solar energy by 2021
KarmSolar signed a deal with El Badr for Investment and Commercial Spaces to generate and distribute solar power to Arkan Plaza, in El Sheikh Zayed on Thursday. The deal includes a commitment by KarmSolar to build solar stations of a total of 20MWs by 2021, converting Arkan Plaza to run 100% on solar energy. The …
Solar power companies fear distribution companies’ control over station installation
NCEDC obtained license from NREA, began implementing projects
Egyptian government buys EGP 10m worth of solar power from 129 individuals, companies
Electricity distribution companies paid EGP 10m to 129 individuals and small companies in return for electricity they produced from their solar panels until the end of last December, as part of the feed-in tariff programme. According to the Ministry of Electricity, the producers received cheques every three months, and the last one was issued last …
NREA negotiates with 5 banks to obtain EGP 1bn revolving loan
The New and Renewable Energy Authority (NREA) is currently in talks with five local banks to obtain a revolving loan worth EGP 1bn to finance solar power projects with capacities of less than 500 kW. Sources from the NREA said that it is negotiating with Banque Misr, the National Bank of Egypt (NBE), and the …
Solar power companies race time to complete financial closure
26 days remaining, demands to extend 2 more weeks
Benban hosts Egypt’s largest solar power project
For years, Egypt has invested millions to modernise and expand its power capacity and networks. The country has recently been focusing on the expansion of renewable energy projects to meet increasing power demand, diversify the national energy resources, and protect the environment. Although the country’s average level of solar radiation throughout the year is between …
NREA provides SkyPower 14 sqkm west of the Nile to establish solar power plants
Investments for 600 MW power plants amount to $500m
4 Companies offer providing services for solar energy projects in Aswan
List includes G4S, Motahida, Gridtech, and Alamiya
Investors seek to acquire solar energy projects in feed-in tariff
Prices range between $2m and $5m per company, decided based on the volume of studies and licensing
Rebat Systems studies feasibility of establishment of solar power projects
USAID and EU finance the implementation of the project, says Moustafa
Egypt to save $1tn through establishing solar thermal power plants by 2050: El-Nokrashy
The president is excited to establish renewable energy projects, considering them future of development
Philips aims to expand its presence in Egypt’s market through new partnerships
Philips is working to employ LED street lighting technology across Egypt, says the company’s country manager for north and east Africa
Solar Impulse 2 lands in Cairo 17 years after pilot envisioned it
Pilots André Borschberg and Bertrand Piccard circled the aircraft over the pyramids before landing at Cairo International Airport
Electronics Industry Committee develops a detailed plan to support, develop local manufacturing
The plan includes the manufacture of mobile phones, GPS, solar energy components, smart metres, and screens
EETC demands solar power companies for third instalment of cost-sharing agreement
The cost-sharing agreement includes linking solar power plants with the national electricity grid, as well as the infrastructure of Banban area in Aswan.
EETC receives 6 requests for land allocations to construct solar power plants
The companies have applied for land in the Benban area of Aswan that will be allocated according to the usufruct system
Could Morocco’s megaplant revive dreams of Saharan solar?
NUCA finalises operation of 5 solar power stations
Stations’ energy capacity varies from 45 KWH to 90 KWH