In Short : Egypt has signed seven green hydrogen and renewable energy deals worth approximately $40 billion. These agreements signify the country’s commitment to transitioning towards sustainable and clean energy sources, aligning with global efforts to reduce carbon emissions and combat climate change. In Detail : MoUs expected to lead to total investment worth around […]
Emirates NBD-Egypt Launches Personal Loan for Solar Panel Purchases – EQ
In Short : Emirates NBD-Egypt has launched a personal loan specifically for the purchase of solar panels. This initiative encourages individuals to invest in solar energy, contributing to the adoption of sustainable practices and the reduction of carbon footprints. In Detail : Emirates NBD-Egypt has introduced a personal loan program for purchasing solar panels. Offering […]
Egypt, India “progressively emerging as ideal partners”: Analyst – EQ Mag
New Delhi [India] : India and Egypt, which has been invited as guest country for the Republic Day ceremony, are emerging as “ideal strategic and economic partners with potential cooperation” in defence, security, counter-terrorism, among other things, according to Egyptian analyst Mohammed Soliman. Mohammed Soliman, an Egyptian analyst, currently working as a manager at McLarty […]
bp to explore potential for green hydrogen production in Egypt – EQ Mag
bp signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by bp, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), the General Authority for Suez Canal […]
Egypt signs $1.1 billion renewable energy deal with AMEA Power – EQ Mag
DUBAI: Egypt has sealed an agreement with AMEA Power a $1.1 billion agreement for a solar project and a wind farm with a combined capacity of about 1 gigawatt (GW). The Emirati renewable energy company will build, own and operate a 500-megawatt solar facility in Aswan governorate of Egypt and a 500MW wind farm at […]
Signing of a Loan Agreement for the Kom Ombo Solar Power Project in Egypt (Private Sector Investment Finance): Contributing to climate change mitigation by increasing the 500 MW renewable energy supply – EQ Mag
On November 30, the Japan International Cooperation Agency (JICA) signed a project finance loan agreement with Abydos Solar Power Company SAE in the Arab Republic of Egypt for the Kom Ombo solar power project. The project will be co-financed by the International Finance Corporation (IFC). Egypt has been actively increasing its power-generation capacity, mainly that […]
Solar Energy Corporation of India (SECI) participates in COP 27, Egypt
MD SECI addresses International Conference on Citizen-centric energy transition: Empowering citizens with Mission LiFE Highlights achievements, discusses the innovative tenders and future plans of SECI Senior government officials, special representatives from all over the country, international developers participate in the conference Delegation of Solar Energy Corporation of India (SECI) headed by its Managing Director – […]
Six Businesses Launch Corporate Coalition for Innovation & Technology toward Net Zero – EQ Mag Pro
Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ) to partner with governments, international organizations and others in industry to help countries meet decarbonization and climate change goals. Founding members include Bechtel, GE, GM, Honeywell, Invenergy and Johnson Controls. Sharm El Sheikh, Egypt : A coalition of six global companies today announced the public […]
Saudi ACWA Power signs MoU for 10 GW wind project in Egypt
CAIRO, Nov 1 (Reuters) – Saudi ACWA Power Company (2082.SE) has signed a memorandum of understanding (MoU) with the Egyptian New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to build a 10 gigawatt (GW) wind energy project in Egypt, the Saudi Energy Ministry said on Tuesday. Reporting by Ahmad Elhamy and Mahmoud […]
Saudi ACWA Power signs MoU for 10 GW wind project in Egypt – EQ Mag Pro
CAIRO : Saudi ACWA Power Company (2082.SE) has signed a memorandum of understanding (MoU) with the Egyptian New and Renewable Energy Authority and the Egyptian Electricity Transmission Company to build a 10 gigawatt (GW) wind energy project in Egypt, the Saudi Energy Ministry said on Tuesday. Egypt’s Minister of Electricity and Renewable Energy is on […]