TAG: "egypt"

News

ENGIE Expands Red Sea Wind Energy Project in Egypt, Africa’s Largest Wind Farm

ENGIE, alongside consortium partners, expands the Red Sea Wind Energy wind farm in Ras Ghareb, Egypt, to 650 MW. This landmark project will power over one million homes, reduce CO₂ emissions by 1.3 million tons annually, and advance Egypt’s renewable goals.

Egypt | January 14, 2025 | By EI News Network | 598

Egypt Targets 42 Percent Renewable Energy by 2030, Expands Grid Capacity

During the EETC General Assembly, Minister Esmat highlighted Egypt’s progress in renewable energy, with 22.8 GW capacity and a target of 42 percent by 2030. He also emphasised grid modernisation efforts and investments of EGP 7.6 billion for enhanced efficiency.

Egypt | December 23, 2024 | By EI News Network | 841

SCZONE Launches Elite Solar PV Plant in Egypt

SCZONE has launched Chinese Elite Solar PV plant in TEDA Egypt, Ain Sokhna. Set for 2 GW capacity, it will create 600 jobs and boost Egypt’s renewable energy goals by 2030.

Egypt | December 19, 2024 | By EI News Network | 429

SCZONE Launches Elite Solar PV Plant in Egypt

SCZONE has launched Chinese Elite Solar PV plant in TEDA Egypt, Ain Sokhna. Set for 2 GW capacity, it will create 600 jobs and boost Egypt’s renewable energy goals by 2030.

Egypt | December 19, 2024 | By EI News Network | 429

UAE’s AMEA Power Commissions Egypt’s Largest 500MW Solar Plant in Aswan

AMEA Power completes Egypt’s largest 500MW Abydos Solar PV Plant in 18 months. The project powers 300,000 households, offsets 782,300 tonnes of CO₂, and includes plans for a 300 MWh BESS extension, boosting Egypt's renewable energy targets.

Egypt | December 17, 2024 | By EI News Network | 508

Egypt Secures USD 40M OPEC Fund Loan for Gulf of Suez Wind Farms

Egypt received USD 40M from the OPEC Fund to develop 1.1 GW wind farms in the Gulf of Suez, advancing its renewable energy targets. The USD 1.1B project will supply power to 1.3M homes by 2026.

Egypt | December 13, 2024 | By EI News Network | 627

Egypt Lowers 2040 Renewable Energy Target

Egypt reduced its renewable energy goal for 2040 from 58 percent to 40 percent, prioritising natural gas as a key energy source. Petroleum Minister Karim Badawi emphasised the need for collaboration and investment to boost natural gas production and exploration efforts.

Egypt | October 22, 2024 | By EI News Network | 841