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IFC, AMEA Power launch Egypt’s 1st battery energy storage system

The International Finance Corporation (IFC) has announced a $72 million investment to support Egypt’s first utility-scale battery energy storage system (BESS), in partnership with AMEA Power and the Egyptian government, marking a major milestone in the country’s transition to clean energy.

Updated 6/16/2025 7:56:00 AM
AMEA Power launches 500MW wind farm in Egypt

AMEA Power has successfully commissioned a 500-megawatt wind power plant in Ras Ghareb, Egypt, marking the largest operational wind farm on the African continent.

Updated 6/4/2025 8:05:00 AM
Cabinet approves amendment to AMEA Power’s Abydos 2 solar project timeline

The Egyptian cabinet has approved a request by AMEA Power, a subsidiary of the Al Nowais Group, to revise the commercial operation timeline of the Abydos 2 solar energy project.

Updated 6/4/2025 1:40:00 AM
JA Solar pens 1.25-GW module supply deal for Abydos II project in Egypt

JA Solar penned a 1.25 gigawatts (GW) module procurement agreement with China Energy Engineering Corporation (CEEC) to provide panels for the Abydos Phase II project in Egypt

Updated 1/21/2025 12:56:00 PM
UAE’s AMEA Power explores boosting renewable energy investments in Egypt

The Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat and Chairman of AMEA Power Hussain Al Nowais have mulled over ways to increase the company's investments in the renewable energy field in Egypt.

Updated 1/12/2025 11:18:00 AM
Egypt signs 2 agreements for $600M wind farm in Gulf of Suez

Egypt has signed two agreements to build a 500-megawatt wind farm in the Gulf of Suez, with investments estimated at $600 million.

Updated 12/15/2024 12:11:00 PM
Madbouly inaugurates Abydos 1 Solar Power Plant in Kom Ombo

Prime Minister Mostafa Madbouly officially inaugurated the Abydos 1 Solar Power Plant in Kom Ombo.

Updated 12/15/2024 12:00:00 PM
AMEA Power implements 500 MW solar power plant in Egypt

AMEA Power, a subsidiary of the UAE-based Al Nowais Investments, has finalized the construction of its 500-megawatt (MW) Abydos solar plant in Egypt and linked it to the national electricity grid.

Updated 10/23/2024 9:22:00 AM
AMEA Power to operate $800M wind farm in Egypt next March

AMEA Power to operate $800M wind farm in Egypt next March

Updated 10/8/2024 8:50:00 AM
AMEA Power to establish new clean energy projects in Egypt by Summer 2025

The Egyptian cabinet has approved a proposal from AMEA Power, a subsidiary of the UAE-based Al Nowais Investments, to implement additional renewable energy projects before the summer of 2025.

Updated 7/17/2024 2:48:00 AM
Egypt greenlights oil exploration deal with LukOil Overseas in Eastern Desert

The Egyptian Cabinet has approved a draft law authorizing Ministry of Petroleum to sign a contract with LukOil Overseas Egypt Ltd and the Egyptian General Petroleum Corporation (EGPC) for oil discovery, development, and exploitation in the West Esh El-Milaha area in the Eastern Desert.

Updated 9/21/2023 9:18:00 AM