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Egypt, Greece sign MoU on carbon capture, storage cooperation

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi has signed a memorandum of understanding (MoU) with Greece’s Minister of Environment and Energy Theodoros Skylakakis to collaborate on carbon capture, storage, and utilization.

Updated 2/18/2025 9:26:00 AM
El-Khatib discusses investment opportunities with Spanish Hydrogen Association

The Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib met with Javier Brey, President of the Spanish Hydrogen Association (AeH2), and its members to explore investment opportunities in Egypt's hydrogen production sector.

Updated 2/10/2025 10:10:00 AM
Egypt allocates 20-sqm for 900-MW solar power plant in New Valley

Egypt has allocated 20 square kilometers in the oases of New Valley to an alliance comprising Masdar, Infinity Power, and Hassan Allam to construct a 900-megawatt solar power plant.

Updated 2/10/2025 10:03:00 AM
Assiut Oil Refining launches solar power, wastewater recycling projects

Assiut Oil Refining Company (ASORC) has begun implementing a 10-megawatt solar power project funded by a European Union (EU) grant, covering 10% of its annual electricity consumption.

Updated 2/2/2025 4:49:00 AM
Egyptian government to launch €271M Green Industry Program in Q1 2025

The Egyptian government is set to launch the Green Industry Program during the first quarter (Q1) of 2025.

Updated 12/18/2024 10:27:00 AM
Schneider Electric, ADCB Egypt launch sustainable projects in Marsa Matrouh

Schneider Electric and Abu Dhabi Commercial Bank Egypt (ADCB) have inaugurated a series of community development projects in Ezbit Abu Shahba, Negila, in Marsa Matrouh Governorate.

Updated 12/12/2024 11:52:00 AM
Cabinet approves Obelisk Solar PV’s 1,000-MW project as strategic investment

The Egyptian cabinet has approved granting Obelisk Solar PV a golden license, recognizing it as a strategic project under Investment Law No. 72 of 2017.

Updated 12/4/2024 3:09:00 AM
EETC collaborates with Masdar’s consortium to build new solar energy projects

Egyptian Electricity Transmission Company (EETC) and a consortium comprising UAE’s Masdar, Egypt's Infinity, and Hassan Allam signed two agreements.

Updated 11/21/2024 3:39:00 AM
Egypt inks MoUs with UAE's Masdar for new renewable energy projects

Future of Egypt for Sustainable Development Authority has put pens to two memoranda of understanding (MoUs) with the UAE's Masdar to construct new renewable energy projects.

Updated 11/21/2024 3:27:00 AM
Chinese LONGi to supply solar cells worth $500M for Egypt in 2025

Chinese solar energy company LONGi is planning to supply solar cells for energy projects in Egypt with a total capacity of 2.5 gigawatts, valued at approximately $500 million, in 2025.

Updated 11/21/2024 2:04:00 AM
Schneider Electric advances toward 2024 sustainability targets with local impact

Schneider Electric, a company focused on energy management and automation, has announced the latest results of its Schneider Sustainability Impact (SSI) program along with its financial performance for the third quarter (Q3) of 2024.

Updated 11/17/2024 12:40:00 PM
Egypt signs 2 MoUs for 5,200-MW renewable energy projects

Prime Minister Mostafa Madbouly witnessed the signing of two memoranda of understanding (MoU) for the production of 5,200 megawatts of electricity from renewable sources, including 3,100 megawatts from wind and 2,100 megawatts from solar energy.

Updated 11/14/2024 1:06:00 AM
Electricity Ministry discusses renewable energy cooperation with Gila-Intro alliance

Ministry of Electricity and Renewable Energy has probed cooperation with an alliance of Gila Al-Tawakol Electric and Intro Group in the fields of renewable energy and green hydrogen, as well as future projects in the electricity and energy sector.

Updated 10/2/2024 6:09:00 AM
Egypt explores localization of electrolyzer manufacturing in partnership with global alliance

Prime Minister Mostafa Madbouly met with representatives of a global alliance, led by the Belgian company John Cockerill, to discuss localizing the production of electrolyzer components in Egypt.

Updated 10/1/2024 3:28:00 AM
Badawi affirms Egypt's commitment to advancing green hydrogen agenda

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi affirmed the country’s commitment to advancing its green hydrogen agenda, highlighting the government’s roadmap for implementing these projects.

Updated 9/30/2024 3:24:00 AM
Egypt’s petroleum sector prepares for new investment opportunities with World Bank support

The Egyptian petroleum sector is preparing for new investment opportunities aimed at attracting international partners and financing entities, such as the World Bank, to support production efficiency and sustainability in Egypt, Minister of Petroleum and Mineral Resources Karim Badawi announced in a meeting with a World Bank delegation.

Updated 9/5/2024 2:26:00 AM
Madbouly reviews ACWA Power's expansion plans in energy, desalination sectors

Prime Minister Mostafa Madbouly held a meeting to discuss the ongoing and future projects of the Saudi Arabian company ACWA Power in Egypt’s energy and water desalination sectors.

Updated 8/22/2024 7:58:00 AM
Al-Mashat applauds graduation of 9 startups under CFA program

Minister of International Cooperation Rania Al-Mashat has witnessed the graduation ceremony of nine startups under the second stage of the Climate Finance Accelerator (CFA) program.

Updated 5/14/2024 8:40:00 AM
EBRD, Meridiam, Hassan Allam Utilities partner to drive green investments in Egypt

The European Bank for Reconstruction and Development (EBRD), Meridiam, and Hassan Allam Utilities (HAU) are teaming up to drive green investments in Egypt via raising capital in HAU Energy BV.

Updated 4/7/2024 9:33:00 AM
EIB to finance Egypt’s Sustainable Green Industry project with €135M

The Egyptian Ministry of International Cooperation signed a soft financing agreement worth €135 million with the European Investment Bank (EIB), as well as a €30 million grant from the European Union (EU), to finance the Sustainable Green Industry project.

Updated 1/2/2024 1:26:00 AM