KarmSolar company will rent ERC’s 50,000 sqm land while ERC receives 2% of the project’s profits.
22.06.2015 Daily News Egypt
The current fiscal year saw the implementation of the first stage of a five-year plan to lower electricity subsidies by 67 percent to LE9 billion.
22.06.2015 Ahram Online
The plant will be built in Aswan, around 800 km (500 miles) south of Cairo.
15.06.2015 Ahram Online
During the current fiscal year, which ends in three weeks, the government has cut fuel subsidies, pushing prices at the pump by up to 78 percent.
09.06.2015 Ahram Online
Pioneers holds a 55 percent direct stake in Giza Power, which made the acquisition.
03.06.2015 Ahram Online
The plant aims to produce 300,000 energy-saving light bulbs a year.
29.05.2015 Ahram online
The German company will also establish a factory to make the blades used in wind farms.
27.05.2015 Ahram Online
The government of President Abdel-Fattah El-Sisi has said it will put an end to the outages by adding 6 gigawatts of electricity to the national grid by the end of the calendar year.
17.05.2015 Ahram Online
The new station is expected to help reduce Egypt’s power generation gap.
07.05.2015 Ahram Online
Beach Energy Ltd. is making progress in efforts to sell its oil and gas holdings in Egypt and seeking to sign a deal in the coming months as the Australian explorer hunts for acquisitions at home.
29.04.2015 Bloomberg Business