Oriental Weavers has successfully completed independent verification and certification for its carbon footprint and renewable energy initiatives, reinforcing its position as a leader in applying best practices in sustainable industrial operations.

Minister of Investment and Foreign Trade Mohamed Farid met with Terje Pilskog, CEO of Norwegian renewable energy company Scatec, to discuss strengthening cooperation in renewable energy and green investment.

Egypt?is at an energy tipping point. Landmark projects like the Benban solar park – one of the largest solar parks worldwide – and vast wind farms in Zafarana have rapidly expanded the country’s renewable energy generation capacity. Yet the prospect of clean energy is tempered by a profound challenge: solar and wind power are not available at all times in every location.

Egypt-based company Kemet and the Chinese group GCL's Suzhou Weicheng signed a cooperation agreement to develop an integrated industrial complex for localizing the manufacturing of solar photovoltaic cells and modules.

Egypt signed agreements and contracts exceeding $1.8 billion to develop two integrated renewable energy projects and localize the manufacturing of their components.

Oriental Weavers Carpets has inaugurated its second photovoltaic (PV) solar power station with a capacity of 2.6 MWp at Oriental Weavers International in 10th of Ramadan City

By aligning IPO targets with IMF requirements, Egypt seeks to unlock foreign investments and reinforce its credibility in global markets.

Infinity Power has secured a $372 million refinancing facility from Absa Corporate and Investment Banking, a part of Absa Group, according to a statement.

Minister of Electricity Mahmoud Esmat approved the budget plan of the Egyptian Electricity Holding Company (EEHC) for the fiscal year (FY) 2025/2026, according to a statement.

Egypt and Greece signed a cooperation agreement to finalize the technical and economic studies of their joint electricity interconnection project.

Minister of Investment and Foreign Trade Hassan El-Khatib discussed Alcazar Energy’s opportunities to enhance cooperation in the field of renewable energy and reviewed the company's strategy in the Egyptian market and its future projects

British International Investment (BII), the UK’s development finance institution and impact investor, signed agreements at a combined value exceeding $300 million to support two renewable energy projects in Egypt.

Minister of Electricity and Renewable Energy Mahmoud Esmat held separate meetings with officials from six Chinese companies to enhance partnerships and increase corporate investments in Egypt.

TAQA Arabia has been awarded both "Power & Water Project of the Year" and "Sustainable Initiative of the Year" at the Big 5 Egypt Impact Awards 2025.

Minister of Electricity and Renewable Energy Mahmoud Esmat and Algeria’s Ambassador to Cairo Mohamed Sofiane Berrah discussed ways to boost cooperation and investment opportunities in electricity and renewable energy.

Minister of Electricity and Renewable Energy Mahmoud Esmat and Income’s Chairman Hesham Sheta discussed cooperation in renewable energy, energy storage, and the battery localization industry

Egypt has secured EGP 6.7 billion in public investments from the fiscal year (FY) 2024/2025 economic and social development plan for four renewable energy projects.

Minister of Investment and Foreign Trade Hassan El-Khatib discussed the green hydrogen project in Sinai with Managing Director of Alvarez & Marsal Abdalla ElEbiary and CEO of Renergy Egypt Robert Valk.

Egypt is planning to reoffer the Ataqa Mountain pumped storage power plant project in Suez to investors, after Chinese company Sinohydro failed to secure the needed funding for the project.

Egyptian Electricity Transmission (EETC) has allocated EGP 7 billion in new investments to unload and transmit electricity from renewable energy projects and connect it to the national grid until the end of 2025.