The project is among the largest industrial investments in renewable energy components within the zone.
19.06.2025
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News by
Zawya
Egyptian fertilizer producers suspended their activities due to reduced imports of Israeli gas, following recent production halts.
17.06.2025
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News by
Energy news
The Egyptian government and the EIB’s development arm have signed an accord on the use of a €21 million EU grant to decarbonise the domestic economy.
17.06.2025
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News by
Europe ansting
The government also signed a power purchase agreement for a 900 megawatt wind project that is being developed in the Gulf of Suez with Scatec.
17.06.2025
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News by
Reuters
Following the outbreak of war between Israel and Iran, Egypt suspends industrial gas supply, turns to fuel oil and diesel for power.
17.06.2025
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News by
watan
Mineral Resources Bid Round No. 1 for 2024 concluded with positive results, attracting participation from 20 mining companies and 19 private companies
17.06.2025
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News by
Egypt Oil and Gas
Egypt finalizes a deal with Norway’s Scatec for a 1 GW Kom Ombo solar plant, marking a major step in clean energy expansion and climate finance.
16.06.2025
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News by
Reuters
AfDB funds Egypt’s 1GW Obelisk solar project with $184.1M, including battery storage, creating 4,000 jobs and cutting 1M tons of CO₂ annually.
16.06.2025
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News by
Egypt Today
IFC invests $72M in Egypt’s first large-scale battery storage system, boosting clean energy with 300 MW capacity tied to Kom Ombo’s MW solar plant.
16.06.2025
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News by
Ahram Online
Khalda Petroleum to launch 2 new wells in June, adding 5,400 bbl/day to Egypt’s output as part of a national strategy to boost domestic oil production
16.06.2025
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News by
Zawya
A sharp drop in Israeli gas imports forces major Egyptian fertilizer firms to suspend operations, threatening exports and economic stability.
15.06.2025
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News by
Reuters
AfDB funds Egypt’s Obelisk solar project with $184.1M, launching Africa’s largest solar plant with 1GW capacity and 200MWh storage in Qena Governorate
15.06.2025
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News by
Africa Business Insider
Egypt to boost oil output by 5,400 barrels/day with two new wells, aiming to stabilize domestic supply and reduce reliance on imported crude.
15.06.2025
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News by
Economy Middle East
This will contribute to stabilizing supplies during peak consumption periods, as part of its ongoing efforts to secure its energy needs.
12.06.2025
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News by
Egypt Independent
The two facilities are expected to have a capacity of 1.000 kilowatts each.
12.06.2025
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News by
Agenzia Nova
It is already seeking a high number of cargoes this year, as well as planning further imports between now and 2028.
12.06.2025
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News by
icis
Once seen as little more than an ornamental accessory, silver is rapidly emerging as Egypt’s latest investment craze.
10.06.2025
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News by
Ahram Online
The contract, awarded for €35 million, covers the execution of various rehabilitation works and upgrades on two plants of the complex.
10.06.2025
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News by
smart water magazine
As soaring summer temperatures put unprecedented strain on Egypt’s power grid.
10.06.2025
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News by
Ahram Online
Egypt approves four renewable projects totaling 400 MW, aiming to boost solar and wind energy and meet its 42% renewables target by 2030.
08.06.2025
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News by
Global Energy Prize