PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
Egypt Launches New Solar Power Project Updated On Mon, Dec 4th, 2017 by Saurenergy The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […] Read more
Gigawatt-Scale Solar Markets Seen in 13 countries in 2018: GTM Research Updated On Fri, Dec 1st, 2017 by Saurenergy GTM Research identifies five new countries (solar markets) poised to install more than a gigawatt of solar annually. As the year 2017 nears to its end, GTM Research report has identified 13 countries of gigawatt-scale solar markets in 2018 that would exceed the 1-GW worth of annual solar PV installations, up from eight in 2017. […] Read more
India Launches Solar Power Project in Egypt Updated On Mon, Jul 17th, 2017 by Saurenergy The solar power project was inaugurated by India’s Ambassador to Egypt Sanjay Bhattacharyya and Major General Alla Fathi Abou Zeid, Governor of Matrouh. India has launched a solar power project with state-of-the-art technology to electrify a remote village in Egypt. The Solar Electrification Project, an off-grid system that is ideal for remote locations, has been […] Read more
EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
