Power-Generation-Transmission News
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LONGi’s ‘Green Electricity + Green Hydrogen’ Solution Makes its Debut in Egypt
LONGi collaborated with leaders and practitioners from across the renewable energy value chain and industry innovation ecosystem.
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Egypt: Elsewedy Electric’s consolidated profits hike 161% YoY in 9 months
The company also generated consolidated revenues of EGP 108.804 billion from January through September this year.
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Schneider Electric expands investments in Egypt with €8 mln in 2023
French energy technology company Schneider Electric announced it will increase its investments in Egypt by €8 million throughout 2023.
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Egypt, Mitsubishi expand cooperation to upgrade two power plants
Egypt has signed an agreement with the Japanese Mitsubishi Power Company to develop the Sidi Krir and El-Atf power plants.
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Egypt plans 2-GW pumped storage power project
Egypt is setting sights on a major energy project, planning to construct a 2-Gw pumped-hydro power plant, in cooperation with China Energy. A feasibility study for the project has already been signed.
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Egypt approves electricity export project MoU with Belgium’s Jan De Nul and EETC
The Egyptian government approves an MoU with EETC and Belgium's Jan De Nul to start a project exporting renewable energy to Europe via a sea line.
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The GREGY initiative: 10 facts about Egypt-Greece electrical interconnection
The Egypt-Greece Electrical Interconnection project, dubbed GREGY, is an innovative solution for Europe's energy crisis, and a new endeavor for Egypt.
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Intro, Siemens to build 300 MW CHP power plants in Egypt and Middle East
Intro Sustainable Resources has inked a cooperation protocol with Siemens Energy to establish a complex of highly efficient combined heat and power.
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EBRD to provide Egypt with €165 loan to develop electricity grid
The European Bank for Reconstruction and Development (EBRD) is to grant a €165 million loan to Egypt to finance the upgrade of the electricity grid.
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Private sector to sell electricity before end of 2023
The private sector in Egypt will commence the sale of electrical power before the end of 2023, as confirmed by the Minister of Electricity, Mohamed Shaker.
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Up to 17 million Egyptians receive electricity for less than a quarter of its price: President Sisi
President Abdel Fattah al-Sisi stated 17 million Egyptians receive electricity at significantly subsidized rates.
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Egypt to save $3.5 bln annually from power cuts: El-Sisi
Egypt could save EGP 108 billion ($3.49 billion) annually through the daily power-cut plan that commenced in July, President Abdel-Fattah El-Sisi said
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Load reduction measures will continue indefinitely, Egypt's Electricity Ministry confirms
Egypt's Electricity Ministry reveals indefinite continuation of load reduction measures. No set date for ending the outages.
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Beni Suef power station to be sold to foreign investor
According to informed sources, the final buyer of the station will have to pay off the loans of international creditors, which amount to nearly $2.25b
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Egypt govt to freeze electricity prices increase until January 2024
The Egyptian government approved on Thursday a decree to freeze any increase in electricity sale prices till January 2024.
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Egypt sets into motion plan to reduce electricity loads
The Cabinet announced, in a post on its official Facebook page, a plan to reduce electricity loads which was implemented starting 12 pm on Tuesday.
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Saudi cabinet approves MoU with Egypt in electricity, renewable energy spheres
The Saudi Cabinet agreed on a (MoU) between Saudi Arabia and Egypt to cooperate in the spheres of electricity, renewable energy and clean hydrogen.
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Madbouli: Reducing Electricity Loads "Temporary" amid Severe Heat Wave
PM stressed the importance of continuing to implement the various measures that would contribute to the rationalization of electricity consumption.
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5 things to know about Egypt's exports in electrical industries
Electrical industry exports achieved an increase of 47.5% in the first 5 months of 2023.