Egypt targets 45 GW from future renewables projects
The Egyptian government is targeting a production capacity of about 45 GW from ongoing and future renewable energy projects.
The Egyptian government is targeting a production capacity of about 45 GW from ongoing and future renewable energy projects.
Elsewedy Electric and The Arab Contractors have connected three hydro turbine generators to Tanzania’s national grid.
The first phase of the project is set to start operating in July 2025, with the interconnection allowing the exchange of up to 3000 MW of power by early 2026.
Egypt’s 262 MW wind farm in the Gulf of Suez, about 20 km off the coast of the Red Sea, has been inaugurated.
The project will produce 47790 GWh of clean energy per year and cut around 9% of Egypt’s annual carbon emissions.
Three 135 tonne transformers were successfully delivered by EGL.
The country wants to increase production and output.
The investments are expected to be spread over 10 years.
Norway’s Scatec ASA Company will build a 1000 MW solar power plant in Egypt under an agreement it signed with Egyptalum, the Arab country’s largest aluminium producer.
The European Bank for Reconstruction and Development (EBRD) has approved an equity investment in HAU Energy BV to boost renewable energy in Egypt.
Egypt is planning to pump nearly $83 billion into solar energy and other renewables projects in the next few years as part of a push to expand renewable sources in its energy mix.
A consortium led by Saudi-listed ACWA Power has signed a $1.5 billion wind energy agreement with the Egyptian government.
The Saudi-Egypt interconnection project is progressing as scheduled and would be completed on time in the first quarter of 2026, the newspaper Addustour reported.
Egyptian system integrator Giza Systems announced that it is implementing a Substations Monitoring and Analytics project for the EETC in the Cairo Zone.
The EU has added the GREGY interconnector to its draft list of projects of mutual interest or PMIs.
The European Bank of Reconstruction and Development (EBRD) announced a potential sovereign loan of up to €165 million on Thursday.
Prysmian Group has completed the manufacturing of cables for a submarine power interconnection between Egypt and Saudi Arabia.
Egypt, Cairo: Saudi developer ACWA Power has announced the signature of $123 M of funding to construct a 200 MW utility-scale solar power plant in Egypt.
The Egyptian Electricity Transmission Company (EETC) has signed a $3.9 M deal with Siemens to equip El-Alamein Electrical Conversion Plant with transformers.
UAE, Abu Dhabi: Masdar and Infinity joint venture acquires all shares of Africa-focused renewable power developer Lekela, finalizing a buyout started last summer.
Egypt, Kairo: Egypt and Denmark have entered into an agreement aimed at accelerating the green transformation of Egypt by involving more Danish investors.
Hitachi Energy has announced the commissioning of a power quality solution to improve grid stability and expand transmission capacity in southwest Egypt.
Dubai-based Ducab Group is supplying 633 km of medium voltage and earthing cable to a new Egyptian 70-turbine windfarm.
Egypt: Egypt-based Al Babtain Power and Telecommunication Company – Egypt, signed a contract valued at $24 M with Elsewedy Electric T&D.