egypt

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MENA Weekly Round-Up: Scatec’s 1 GW Solar Project in Egypt Secures $30 Million

The European Bank for Reconstruction and Development (EBRD) provided a $30 million equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec....

May 19, 2025

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Melvin Mathew

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Other

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Solar
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Why Gulf States are Powering Africa’s Clean Energy Future

In rural Angola, a new 150 MW solar project is bringing electricity to thousands of homes that, until recently, relied on costly diesel generators or had no access to...

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MENA Weekly Round-Up: QatarEnergy Inaugurates 875 MW Solar Projects

QatarEnergy launched two major solar projects totaling 875 MW in Ras Laffan and Mesaieed, more than doubling the country’s installed solar capacity. Minister of State...

May 12, 2025

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Staff

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Market & Policy

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Solar
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MENA Weekly Roundup: Iraq, US Sign Deals for 27 GW of Power Projects

Iraq and the U.S.  have signed agreements for multiple energy projects with a combined capacity of 24,000 MW in the Middle Eastern country. Iraq’s Ministry of...

April 15, 2025

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Mercom Staff

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Market & Policy

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Renewable Energy

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Solar
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MENA Weekly Round-Up: Algeria Launches 3.2 GW Solar Projects

Algeria launched a nationwide solar power program to construct 15 solar projects with a total capacity of 3.2 GW. Energy and Mines Minister Mohammed Arqab laid the...

March 24, 2025

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Staff

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Renewable Energy

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Solar
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MENA Weekly Roundup: Iraq Begins Construction of 1 GW Solar Project

Iraq started constructing its largest solar power project, Basra Sun, with a total capacity of 1,000 MW in the Basra province. The civil work on the project, which spans...

March 17, 2025

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Tina Freese

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Renewable Energy

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Solar
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MENA Round-Up: Egypt Signs $7.58 Billion for Green Hydrogen Facility

Egypt signed a €7 billion (~$7.58 billion) agreement with France’s EDF and the United Arab Emirates-based Zero Waste to develop a green hydrogen project near the Gulf of...

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MENA Roundup: Iraq Announces Plans to Build its First Wind Project

Iraq’s National Investment Commission announced plans to build the country’s first wind power project, with a planned capacity of 500 MW. The project is part of Iraq’s...

March 3, 2025

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Tina Freese

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Renewable Energy

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Wind
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MENA Round-Up: CleanMax Secures Debt for UAE Solar Portfolio

CleanMax, a Brookfield-backed renewable energy provider specializing in the commercial and industrial sector, has secured a long-term credit facility of AED99 million...

January 28, 2025

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Mercom Staff

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Finance and M&A

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Other

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Renewable Energy
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MENA Weekly Roundup: ACWA Reaches Financial Close for 1.1 GW Wind Project

ACWA Power, in partnership with HAU Energy, a subsidiary of Hassan Allam Utilities, has achieved financial close for 1.1 GW Suez Wind Farm in Egypt, marking the largest...

January 13, 2025

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Mercom Staff

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Finance and M&A

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Other

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Press Releases
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UAE’s Masdar-led Consortium to Develop 10 GW Onshore Wind Farm in Egypt

UAE government-owned renewable energy company Masdar, Infinity Power, and Hassan Allam Utilities have signed an agreement with Egypt’s New and Renewable Energy...

June 7, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Expedited Wind Projects to Help Developing Economies Generate Revenue and Jobs

Wind projects could shore up revenue and jobs for the economies of Argentina, Colombia, Egypt, Indonesia, and Morocco which have a combined potential of 3.5 GW, Global...

March 15, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take...

December 1, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar

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Wind
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Daily News Wrap-Up: SunSource Commissions Solar Project for Yakult Danone India

Here are some noteworthy cleantech announcements of the day from around the world: Probiotic drinks company Yakult Danone India announced the commissioning of its...

November 24, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Ravicab Cables Acquires Leoni India, Enters Renewable Sector

Here are some noteworthy cleantech announcements of the day from around the world: Ravicab Cables, a Bengaluru-based electric cable manufacturer, announced the...

September 14, 2022

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Satish Shetty

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Other

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Renewable Energy

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