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AMEA Power signs agreements for renewable energy stations worth billions

Prime Minister Mostafa Madbouly attended the signing ceremony of the financial closure agreements between the Emirati AMEA Power company.     There are also a number of international financing institutions valued at a US$1.1 billion, marking the start of the implementation of two projects to produce electricity from renewable energy.   These will be implemented …

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Egypt inked deals on renewable energy, green hydrogen worth $119 bln

Egypt signed agreements and MoUs in the field of renewable energy and green hydrogen worth $119 billion, according to Maged Karam al-Din, a technical director of the Regional Center for Renewable Energy. In an interview with Sada El Balad TV channel, he noted that Egypt generates 6,000 megawatts of electricity from power plants powered by …

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Egypt aims to reach 42% renewable energy share by 2035, Minister

The Minister of Electricity and Renewable Energy, Mohamed Shaker, announced that Egypt aims to reach 42 percent of the contribution of renewable energy in the nation’s energy mix by 2035. He explained that the state’s strategy aims to increase the contribution of renewable energy in the electric energy mix, and diversify sources of electric energy …

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