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
Updated 12/1/2025 2:37:00 PM
By aligning IPO targets with IMF requirements, Egypt seeks to unlock foreign investments and reinforce its credibility in global markets.
Updated 11/27/2025 11:29:00 AMInfinity Power has secured a $372 million refinancing facility from Absa Corporate and Investment Banking, a part of Absa Group, according to a statement.
Updated 11/13/2025 9:03:00 AMMinister 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.
Updated 11/11/2025 3:36:00 AMEgypt and Greece signed a cooperation agreement to finalize the technical and economic studies of their joint electricity interconnection project.
Updated 9/30/2025 8:10:00 AMMinister 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
Updated 9/21/2025 6:00:00 AMBritish 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.
Updated 7/2/2025 12:57:00 PM
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.
Updated 6/29/2025 10:25:00 AM
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.
Updated 6/19/2025 1:48:00 AMMinister 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.
Updated 5/26/2025 7:26:00 AMMinister 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
Updated 5/7/2025 2:43:00 AM
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.
Updated 3/16/2025 8:05:00 AM
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.
Updated 3/11/2025 7:51:00 AM
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.
Updated 1/29/2025 10:29:00 AM
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.
Updated 1/13/2025 8:09:00 AM
The Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat and Chairman of AMEA Power Hussain Al Nowais have mulled over ways to increase the company's investments in the renewable energy field in Egypt.
Updated 1/12/2025 11:18:00 AM
Minister of Electricity and Renewable Energy Mahmoud discussed met with a delegation of the alliance comprising Abu Dhabi Future Energy Company (Masdar), Infinity Power, and Hassan Allam Construction to follow up on its solar and wind energy projects.
Updated 1/5/2025 8:37:00 AM
Saudi Arabia’s ACWA Power has finalized financing agreements worth $702 million for a 1,100-megawatt wind farm in Egypt.
Updated 12/31/2024 10:52:00 AM
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held discussions with Sudan’s Minister of Oil and Energy Mohieddin Naeem on enhancing partnerships in electricity, renewable energy, and technical cooperation.
Updated 12/31/2024 6:34:00 AM
Emirati investment firm Kazar plans to invest $2.5 billion in constructing a hybrid renewable energy station in Egypt’s Zafarana region, east of the country.
Updated 12/25/2024 7:42:00 AM