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.

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.

Egypt is finalizing negotiations with the European Union (EU) and the European Bank for Reconstruction and Development (EBRD) to secure up to €200 million for launching a new power line in the Gabal El-Zeit area.

Elsewedy Electric, in partnership with Siemens, is setting up a power plant in Saudi Arabia’s city of Rabigh with investments of $800 million.

Egypt has signed two land receipt notes for carrying out two wind energy generation projects west of Sohag, with foreign direct investments (FDI) estimated at $9 billion.

The Engineering for Petroleum and Process Industries (ENPPI) and Petroleum Projects and Technical Consultations Company (PETROJET) have been assigned the implementation of a 10-megawatt (MW) power generation project via using solar cells at Assiut Oil Refining Company (ASORC).

The Egyptian government is planning to extend the durations of power outage across the country until weather forecasts get back to normal, Spokesman of the Cabinet Sameh El-Kheshen said.

The Egyptian government will not raise electricity prices for households for six months ending June 30th, Shorouk News reported on January 24th, citing a decision by the Electricity Minister Mohamed Shaker published in the Egyptian Gazette.