Tahya Misr Holding for Investment and Development inked a protocol with both the Ministry of Finance and the Ministry of Electricity and Renewable Energy to finance a number of new and renewable energy projects.

Minister of Electricity and Renewable Energy Mahmoud Esmat met a delegation from Schneider Electric, headed by its President of Schneider Electric for North East Africa and the Levant Sebastian Reyes, to discuss expanding the energy efficiency initiative to factories, hospitals, and hotels.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat reviewed the progress of renewable energy projects with a combined capacity of 2,500 megawatts and 720 megawatt-hours of battery storage being developed by the Hassan Allam-Infinity consortium, as part of the country’s broader clean energy strategy.

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with Huawei Egypt to expand cooperation in renewable energy, energy storage technologies, and grid modernization, as part of the country’s digital transformation and energy strategy.

Minister of Electricity and Renewable Energy Mahmoud Esmat met with Elsewedy Electric (SWDY) Chairman Ahmed Elsewedy and company representatives to review the progress of electricity generation and transmission projects, while exploring expanded cooperation in distribution, energy efficiency, and loss reduction.

Ministry of Electricity and Renewable Energy has raised electricity prices for some residential and commercial consumption brackets starting this April.

Minister of Electricity and Renewable Energy of Egypt Mahmoud Esmat affirmed that the sector is on high alert across all levels to address the effects of the adverse weather conditions over the next two days, according to a statement.

Egypt is planning to add 2,500 megawatts (MW) of renewable energy capacity to its national electricity grid before next summer, said Spokesman for the Presidency Mohamed El-Shennawy.

Kemet Industries Group and China’s energy storage batteries manufacturer Cornex signed a cooperation agreement to establish a $200 million energy storage batteries factory in Egypt.

Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with a World Bank delegation to follow up on joint projects and coordinate partnerships for future ones.

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.

The Egyptian Electricity Transmission Company (EETC) aims to invest EGP 44.9 billion in the fiscal year (FY) 2025/2026

Minister of Electricity and Renewable Energy Mahmoud Esmat confirmed that no increases in electricity tariffs will be introduced until January 2026.

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

Egypt’s unified electricity grid registered its highest-ever load on Saturday, July 26th, setting a new record of 38,800 megawatts (MW)

Prime Minister Mostafa Madbouly followed up on the procedures for securing the financial allocations required for the petroleum products needed to operate power plants

Minister of Electricity and Renewable Energy Mahmoud Esmat and Minister of Petroleum and Mineral Resources Karim Badawi discussed the latest developments and implemented measures to meet the rising energy demands

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

The Supreme Council for Energy, headed by Minister of Electricity and Renewable Energy Mahmoud Esmat, discussed a number of requests on energy supply for 11 new industrial projects, along with three others added to the agenda.

Egypt has signed an agreement with the Emirati company AMEA Power to establish two independent energy storage stations with a total capacity of 1,500 megawatt-hours.