Egypt

3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report

A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […]

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Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument

Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […]

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EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen

On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […]

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Germany, Egypt Join Hands for Renewable Hydrogen

Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […]

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Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels

Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africa’s trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at […]

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Egypt Will Generate 10GW Renewable Energy Next Year

The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […]

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$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg

The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […]

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Egypt Plans RE-powered Desalination Project amidst Swelling Water Crisis

Known for its pyramids, Egypt has decided to build 17 desalination water plants powered by renewable energy, under a new $2.5 billion initiative, to tackle the severe water scarcity that the Arab country is expected to soon suffer from, according to media reports. Desalination, which turns salt water into water that is fit to drink (most commonly […]

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