IFC, AMEA Power partner to launch Egypt’s 1st utility-scale battery storage project
The International Finance Corporation (IFC) announced an investment agreement on Sunday to support Egypt’s first…
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energy transition
Scatec signs power purchase deal for 900 MW wind project in Egypt’s Ras Shukeir
Norwegian renewable energy firm Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity…
Egypt leads MENA in Wind Power Capacity in ’24
Egypt is spearheading the renewable energy shift in the Middle East and North Africa, having topped the region in…
German fusion startup raises €130m for stellarator project
Munich-based Proxima Fusion has raised €130 million in Europe’s largest-ever private investment round for nuclear…
Egypt approves 1st P2P green energy contracts with EBRD
Egypt approved its first private-to-private (P2P) green energy contracts, allowing four renewable energy projects…
Egypt, France’s EDF explore renewable energy partnership
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat concluded his visit to France with a meeting…
Egypt, Germany sign new debt swap agreement
Egypt and Germany have signed a new €21 million debt swap tranche on Monday to enhance the supply of renewable…
Egypt’s petroleum ministry, Huawei ink renewable energy MoU
Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with Huawei Egypt for…
Egypt, Siemens Energy discuss renewable expansion, energy transition
Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat met with Siemens Energy officials on Wednesday…
ADB approves $500m loan for sustainable infrastructure in India
The Asian Development Bank (ADB) approved on Wednesday a $500 million loan to promote environmentally sustainable…