Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt
Saudi Arabia’s energy giant ACWA Power has received a $114 million financing package for the 200 MW Kom Ombo solar project in Egypt from four agencies. The European Bank for ...
AfDB Approves $27 Million for the Development of a 200 MW Solar Project in Egypt
The African Development Bank (AfDB) has approved a loan of $27.2 million for the design, construction, and operation of a 200 MW solar project at Kom Ombo in Egypt. The ...
Daily News Wrap-Up: Sterling and Wilson Solar Bags ₹9.3 Billion Order in Egypt
Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar, a global solar engineering, procurement, and construction services provider, has secured an order ...
IFC to Help Egyptian Farmers Switch to Solar Irrigation Systems
The International Finance Corporation (IFC), a member of the World Bank Group, announced that it has joined hands with the Agriculture Bank of Egpyt (ABE) to help Egyptian farmers access ...
Daily News Wrap-Up: ADB Approves $600 Million Loan to Indonesia for Renewables
Here are some noteworthy cleantech announcements of the day from around the world: Royal DSM announced the launch of the all-purpose Endurance Backsheet D15. The newly launched Endurance Backsheet protects ...
Daily News Wrap-Up: Google Signs PPA for a 140 MW Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: Candela Renewable, a U.S.-based utility-scale solar project developer, signed a power purchase agreement (PPA) with Google for ...
AMEA Power Signs PPA with EETC for Renewable Projects in Egypt
Dubai-based AMEA Power, a subsidiary of Al Nowais Investment (ANI), has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 200 MW solar PV ...
EBRD Extends $15 Million Loan to Boost Lending for Energy Efficiency in Egypt
The European Bank for Reconstruction and Development (EBRD) has decided to provide a loan of $15 million (~₹1.07 billion) to the Arab African International Bank (AAIB) for fostering energy efficiency ...
Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo
ACWA Power, Saudi Arabia’s energy giant, has signed a power purchase agreement (PPA) with the government of Egypt to finance, develop, construct, and operate the 200 MW Kom Ombo solar ...
EBRD, IFC, and OPIC Provide $252 Million for a 250 MW Wind Project in Gulf of Suez
The European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Overseas Private Investment Corporation (OPIC), are jointly investing $252 million (~₹17.96 billion) for a new ...
Egypt Set to Open its Renewable Energy Market to Private Producers
The government of Egypt is in the process of finalizing regulations about the production and sale of electricity from new private renewable power projects directly to consumers by September 2019 ...
Lowest Tariff of 2.79 cents/kWh Quoted in Egypt’s 200 MW Solar Auction
The Egyptian Electricity Transmission Company (EETC) has announced the financial bids for the construction of a 200 MW solar power plant in Kom Ombo, according to the Daily News Egypt. EETC ...
Lightsource BP Forms JV with HA Utilities for Solar Projects in Egypt
Lightsource BP, a global renewable energy development firm, has formed a joint venture (JV) with HA Utilities, a part of Egyptian construction and engineering group Hassan Allam Holding (HAH), for ...
MIGA to Provide $102.6 Million for Six Solar Projects in Egypt
Multilateral Investment Guarantee Agency (MIGA), a World Bank Group member, has decided to provide guarantee of up to $102.6 million in support of the construction, operation, and maintenance of six ...
EBRD and Proparco Provide $116 Million to Finance Installation of 100 MW of Solar in Egypt
The European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution, are financing the installation of two 50 MW solar projects in to be developed the Benban ...