US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…
Tag: Egypt
Russia Lends Egypt Over $1bn to Construct Nuclear Power Plant
Egyptian government officials have disclosed that Russia has lent Egypt over $1 billion to date of…
COP28: Scatec Signs Solar Project Pact in Egypt
Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…
AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…
EIB Opens Hub in Egypt for Climate, Energy Funding
On Monday, the European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt,…
Energy Firms Partner to Increase Renewable Export to Africa
Desert Technologies, a renewable energy solutions provider and Elsewedy Electric LLC, an integrated energy and infrastructure…
Egypt, China Signs MoU for Green Energy Projects
Egypt’s Prime Minister Moustafa Madbouly witnessed the signing of two major agreements with Chinese companies for…
Kenya to Develop 1GW Wind Farm
Green power leader Kenya plans to develop a gigawatt-scale wind farm that would be the largest…
Britain to Import Renewable Electricity from Egypt
Britain plans to import renewable electricity in Egypt through subsea cables connecting the country with Europe.…
AMEA Power to Build Solar, Wind Power Projects in Egypt
The Egyptian Cabinet has approved a proposal by AMEA Power, a renewable energy company in Dubai,…