}

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SCZONE hosts Nanjing delegation to discuss new Chinese industrial investments

The General Authority for the Suez Canal Economic Zone (SCZONE) received a high-level delegation from Nanjing, Jiangsu Province, China, to discuss opportunities to expand investment cooperation across several industrial sectors.

Updated 6/25/2026 6:11:00 AM
Hashem explores renewable energy cooperation with IRSC to support green industrial transition

Minister of Industry Khaled Hashem met with Andrew Daniel, Chairman of Integrated Renewable and Sustainable Communities (IRSC), to discuss cooperation opportunities to support green transition in the industrial sector and enhance the competitiveness of Egyptian industry by expanding renewable energy solutions and sustainable infrastructure.

Updated 6/24/2026 1:46:00 AM
Norway's Scatec plans up to $5B investments in Egypt over next 2 years

Norwegian renewable energy company Scatec plans to invest up to $5 billion in Egypt over the next two years across strategic sectors, including renewable energy, energy storage, water desalination, green data centers, and infrastructure supporting the green transition.

Updated 6/23/2026 9:51:00 AM
EIB considers financing renewable energy projects in Egypt with combined capacity of 1.6 GW

The European Investment Bank (EIB) is considering financing two renewable energy projects in Egypt with a combined generation capacity of approximately 1.6 gigawatts (GW).

Updated 6/21/2026 9:21:00 AM
Egypt ranks 10th globally for clean industry projects, leads MENA with $108.5B pipeline

Egypt ranks as the Middle East and North Africa's largest market for clean industry projects, with 25 announced developments representing $108.5 billion in potential investment, according to the Clean Industry Rising: The Foundation of Resilient Value Chains report.

Updated 6/9/2026 2:04:00 PM
EETC, NREA ink $420M deals with Alcazar Energy for 580-MW Gabal El-Zeit wind farm

The New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), and Alcazar Energy signed two investment, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit wind farm in the Red Sea Governorate.

Updated 6/9/2026 7:01:00 AM
Esmat pushes faster implementation of Scatec’s 3.6 GW clean energy portfolio

Minister of Electricity and Renewable Energy Mahmoud Esmat reviewed the progress of renewable energy projects being developed by Norway-based energy company Scatec, including solar and wind projects with a combined capacity of 3.6 gigawatts (GW) and battery energy storage projects totaling 4.2 gigawatt-hours (GWh).

Updated 6/8/2026 2:32:00 AM
Edita installs 390 kWp rooftop solar system at Sheikh Zayed headquarters

Edita Food Industries has deployed a rooftop photovoltaic solar system with a capacity of approximately 390 kilowatt-peak (kWp) at its Sheikh Zayed headquarters, advancing its transition toward renewable energy.

Updated 5/6/2026 8:57:00 AM
Esmat reviews 3,100 MW renewable projects with Scatec as battery storage investments advance

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with Norway’s Scatec to review the progress of renewable energy projects with a combined capacity of 3,100 megawatts (MW) and battery storage systems totaling 4,000 megawatt-hours (MWh), as the government pushes forward its energy transition strategy.

Updated 4/22/2026 4:45:00 AM
Egypt, Nexus Analytica mull advancing digital technologies in power grid management

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from Nexus Analytica, led by CEO Wessam El-Baz, to discuss expanding the use of advanced digital technologies in electricity network management, improving operational efficiency, and managing power purchase agreements.

Updated 4/19/2026 3:55:00 AM
Egypt signs PPAs for 5,620 MW renewable energy, storage projects

Egypt signed a package of power purchase agreements (PPAs) covering renewable energy projects and independent power storage (IPS) plants with a total capacity of 5,620 megawatts, in a move aligned with the country’s energy transition strategy.

Updated 3/18/2026 12:32:00 PM
Egypt awards qualification certificates for 4 private renewable energy projects worth $388M

The Minister of Electricity and Renewable Energy Mahmoud Esmat handed over qualification certificates for four private renewable energy projects under the private-to-private (P2P) system, with a total capacity of 400 megawatts and investments amounting to $388 million.

Updated 5/28/2025 12:08:00 PM
El-Khatib discusses investment opportunities with Spanish Hydrogen Association

The Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib met with Javier Brey, President of the Spanish Hydrogen Association (AeH2), and its members to explore investment opportunities in Egypt's hydrogen production sector.

Updated 2/10/2025 10:10:00 AM
Egypt allocates 20-sqm for 900-MW solar power plant in New Valley

Egypt has allocated 20 square kilometers in the oases of New Valley to an alliance comprising Masdar, Infinity Power, and Hassan Allam to construct a 900-megawatt solar power plant.

Updated 2/10/2025 10:03:00 AM
EGYPES 2025 to kick off on February 17th

The eighth edition of the Egypt International Energy Conference and Exhibition (EGYPES 2025) will take place from February 17th to 19th, under the slogan "Building a Secure and Sustainable Energy Future," Minister of Petroleum and Mineral Resources Karim Badawi announced.

Updated 2/9/2025 7:29:00 AM
Assiut Oil Refining launches solar power, wastewater recycling projects

Assiut Oil Refining Company (ASORC) has begun implementing a 10-megawatt solar power project funded by a European Union (EU) grant, covering 10% of its annual electricity consumption.

Updated 2/2/2025 4:49:00 AM
Egypt's AOI, Swedish Sunshine Pro ink contract to establish joint solar panel production facility

The Arab Organization for Industrialization (AOI) and Swedish company Sunshine Pro have signed a contract to establish a joint solar panel production project.

Updated 12/24/2024 12:06:00 PM
Cabinet approves Obelisk Solar PV’s 1,000-MW project as strategic investment

The Egyptian cabinet has approved granting Obelisk Solar PV a golden license, recognizing it as a strategic project under Investment Law No. 72 of 2017.

Updated 12/4/2024 3:09:00 AM
AfDB approves $170M loan to back Egypt’s largest wind energy project

The African Development Bank (AfDB) has approved a loan of up to $170 million to support the development of the 1.1-gigawatt Suez Wind Power Project, Egypt's largest wind energy plant.

Updated 12/4/2024 2:41:00 AM
Egypt to pay 50% of electricity costs from Scatec’s 1,000-MW hybrid solar project in EGP

Egypt has reached an agreement with Norway's Scatec to pay 50% of the cost of electricity from its upcoming 1,000-megawatt hybrid solar project in Egyptian pounds.

Updated 11/27/2024 7:41:00 AM