A comprehensive overview of the energy sector of Egypt - including oil & gas, wind and solar energy and environment-friendly waste and water disposal, as well as the latest industry news.
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The project's total investment cost is estimated at approximately 4.13 billion Saudi Riyals. The company maintains a 70% stake in this venture.
01.01.2025 Egypt Today
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Kazar aims to finalize feasibility studies and financial arrangements by late 2025, with on-site construction commencing in early 2026.
29.12.2024 esgnews
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Egypt has secured $275 million in joint financing from 3 international financial institutions to support the development of a 1.1-gigawatt wind plant.
25.12.2024 Ahram Online
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The cabinet also approved Egypt's subscription to the callable capital increase of the African Development Bank (AfDB) by acquiring 554,700 shares.
19.12.2024 Ahram Online
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Discussions emphasized the plant’s strategic importance and its role in enhancing returns for the state.
15.12.2024 Egypt Today
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The Suez Wind project is expected to be commercially operational by the end of 2026.
15.12.2024 Agbi
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The African Development Bank (AfDB) has approved a loan of up to US$170mn to support the 1.1GW Suez Wind Project in Egypt.
08.12.2024 African review
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Gulf of Suez Wind Farm II is owned by the Toyota Tsusho Group (40%), Engie SA (35%), and Orascom Construction Plc (25%).
21.11.2024 renewables now
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Chinese wind turbine maker has been fostering closer ties with Saudi developer ACWA and its home government.
10.11.2024 ev wind
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The projects planned in Egypt are so large in scale that essentially they constitute almost one more Greece, so to say.
17.10.2024 Balkan green energy news
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