The Arab Renewable Energy Authority, affiliated with the Arab Organization for Industrialization (AOI), and Egypt’s New and Renewable Energy Authority (NREA) signed a contract to build a 300-kilowats power station in Djibouti

Orascom Construction and Técnicas Reunidas have signed a $2.6 billion engineering, procurement, and construction (EPC) contract to build the 3 GW Qurayyah IPP expansion project in Saudi Arabia’s eastern province.

An Elsewedy Electric subsidiary has signed an engineering, procurement, and construction (EPC) contract for Hungary’s largest combined cycle power plant.

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.

The consortium of an engineering and construction company of Elsewedy Electric has been awarded a significant contract for a 500-650 megawatt (MW) combined cycle power plant project in Hungary by the Hungarian Electricity Co. (MVM).

The Egyptian Ministry of Electricity has signed an agreement and an implementation contract with the Djiboutian Ministry of Energy and Natural Resources to set up a photovoltaic (PV) power station in Djibouti.

Nissan Egypt is planning to invest in a power plant, aiming for achieving self-sufficiency in 2025.

Egypt has signed a build-own-operate (BOO) memorandum of understanding (MoU) with Energy China to conduct technical, economic, and financial feasibility studies on the establishment of a 2,000-megawatt (MW) pumped-storage power plant in Egypt.

The joint venture (JV) between Elsewedy Electric and the Qatari Urbacon Trading and Contracting (UCC) has been awarded an €800 million engineering, procurement, and construction (EPC) contract for a 1,044-megawatt (MW) gas-fired power plant in Zliten, Libya.