Egypt Set to Open its Renewable Energy Market to Private Producers

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

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 ...
/ / Solar, Tenders & Auctions
Lightsource BP Forms JV with HA Utilities for Solar Projects in Egypt

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 ...
/ / Markets & Policy, Solar
MIGA to Provide $102.6 Million for Six Solar Projects in Egypt

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 ...
/ / Finance and M&A, Solar
EBRD Proparco Egypt Solar Finance

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 ...
/ / Finance and M&A, Solar