Solar News
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UK to discusses ways to invest in Egypt’s renewable energy, health sectors
He also explained the improved business environment and some of the different investment opportunities.
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Egypt’s renewable energy production put at 10.08 GW
This accounts for around 29.6 percent of the total energy mix, according to official data.
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Germany’s IFE grants over $2mln for solar thermal collectors facility in Egypt
The project aims to help Egypt achieve decarbonization goals in the industrial and power generation sectors.
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Can climate change be tackled without hindering Egypt’s economic growth?
Hailed as a big win for developing nations, the deal, however, did not include any new agreements on curbing fossil fuels or reducing greenhouse gases
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Green Climate Fund contributes $300 mln to Egypt’s world-first climate investment plan
GCF and the Egyptian government announced that Egypt will be the first country to adopt a climate investment plan.
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Creative Power Solutions to set up €5.4mln solar thermal collector production plant in Egypt
The production plant is the first of its kind in the MENA; will have a capacity of 18,000 solar collectors.
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Egypt approves $5.5 bln green hydrogen project in Ain Sokhna
The project, by Egypt's Green Ammonia Company, will cost around $5.5 billion and offer around 10600 jobs during the construction and operation phases.
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Egypt to direct 100K MW of renewable energy to produce green hydrogen in 10 yrs
Minister Shaker noted that renewable energy will be a source of income for Egypt like oil over the next few years.
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Sharm El Sheikh Adaptation Agenda aims to achieve resilience for 4 billion people by 2030
His remarks came during his participation in the 21st annual conference of the Arab Administrative Development Organization in Oman.
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Lafarge Egypt participates in Euromoney Egypt Conference 2022
Holcim was the first global building materials company to sign the UNGC’s “Business Ambition for 1.5°C” initiative.
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Zoomcar launches Zoomcar Green Programme with $2m investments
The programme supports using electric cars, to help provide more opportunities to sustainably transform the car-sharing industry.
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Egypt racing to supply wind, solar energy to Greece, EU via submarine cables
An underwater cable will transport 3,000 MW of electricity to power up to 450,000 households from northern Egypt to Attica in Greece.
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IFC, int'l partners approve $1.1 bln loan for renewable energy plants in Egypt
The new finance is expected to benefit 1 million Egyptians who will secure access to clean energy.
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8 firms vie for Hurghada solar project in Egypt
The project would be funded through a loan provided by the Japan International Cooperation Agency (JICA).
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Egypt receives US$10.3 billion in green funding during COP27
Al-Sisi followed up on mobilizing concessional development funds for the benefit of the national platform for green projects “Novi”.
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Egypt sells more than 800 million KWH of electricity
The sales were done internationally, in the period of 5 months. Network with Saudi, Europe under preparation.
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Egypt launches fund to help companies transform into green economy
EgyCop is the first of its kind in the Egyptian market. It represents a step forward towards innovative solutions against climate change.
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Climate envoys haggle over final deal in Egypt
112 world leaders had gathered to advance the global climate agenda and deliberate on how to turn commitments into implementation.
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Agricultural Bank of Egypt issues first eco-friendly credit card
The card was designed and produced in cooperation with VISA, G+D and i-Finance and is environmentally friendly.
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Egypt aims to turn half of projects into green ones by 2024
Egypt intends to allocate 50% of its investment plan and budget to the green economy and implement green projects by the fiscal year 2024/2025.