Energy News
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Egypt secures $275 mln finance for wind power plant in Gulf of Suez
Egypt has secured $275 million in joint financing from 3 international financial institutions to support the development of a 1.1-gigawatt wind plant.
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SCZone signs 30 MoU to boost hydrogen sector in Egypt
The first phase, with a capacity of 250,000 cubic meters per day, is scheduled for completion in mid-2026.
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Madbouly Reviews Plans to Launch Natural Gas Vehicle Conversion Initiative
The meeting was attended by Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Finance, Ahmed Kouchouk.
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Egypt prioritizes power grid modernization, renewable energy expansion
Ongoing efforts to upgrade the grid are essential for absorbing additional capacities from renewable energy sources.
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7 key facts about the Abydos wind farm project
By investing in large-scale, sustainable infrastructure, the country is positioning itself as a regional hub for green energy.
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The revival of Egypt’s mining industry
With a wealth of untapped mineral resources, a historical legacy in mining, and a renewed governmental focus, the sector is poised for growth.
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Egyptian cabinet approves ‘golden license’ for Abydos Renewable Energy project
The cabinet also approved Egypt's subscription to the callable capital increase of the African Development Bank (AfDB) by acquiring 554,700 shares.
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Egypt to invest $748.5M in drilling 46 new oil and gas wells
These measures aim to cut gasoline use and deliver economic and environmental benefits.
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Egypt, global partners set to begin gas production from Harmattan field by 2026
Shell and BP to launch production from the Harmattan gas field by the first quarter of 2026, with initial investments at $370mln.
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Egypt to drill 46 new oil, gas wells with $748.5M investment
Minister of Petroleum and Mineral Resources, Karim Badawi, announced that 15 agreements are currently being negotiated.
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Amea Power commissions 500 MW solar plant in Egypt
Amea Power has held an inauguration ceremony for a 500 MW solar installation in southern Egypt.
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What we know about Abydos 1 solar power plant
The Abydos 1 Solar Power Plant, inaugurated on Saturday by Prime Minister Mostafa in Aswan, is one of Africa's largest solar power plants.
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Tetra Pak® and Uniboard Inaugurate Egypt’s First Used Beverage Carton Recycling Facility
With a joint investment of €2.5 million, the recycling facility spans 1,000 square meters and has a capacity to recycle 8,000 tons.
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Egypt Boosts Power Grid With $500 Million Solar Plant
The Abydos Solar PV Plant, developed by the Dubai-based energy firm AMEA Power, boasts a capacity of 500 megawatts and was completed in 18 months.
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Egypt Accelerates Privatization Plans with Gebel El-Zeit Wind Power Plant Offering
Discussions emphasized the plant’s strategic importance and its role in enhancing returns for the state.
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Loan for Egypt wind farms passed by Opec Fund
The Suez Wind project is expected to be commercially operational by the end of 2026.
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TAQA Arabia, Somabay opens Egypt's largest solar-powered desalination plant
The first phase of the joint plant has a daily capacity of 3,650 cubic meters, providing a sustainable supply of safe water to meet the resort's needs
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ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.
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Environment ministry, FEI, CEDARE explore Egypt circular, green economy opportunities under SRI project
Key presentations included the Swiss model for e-waste Extended Producer Responsibility (EPR) systems and financing mechanisms.
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Egypt to lease second LNG floating regasification unit starting 2H 2025
It looks like the LNG regasification unit docked in Jordan may soon be heading to Ain Sokhna.