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Egypt
Red List Research Finds 26,000 Global Species under Extinction Threat
More than 26,000 of the world’s species are now threatened, according to the latest red list assessment of the natural world, adding to fears the planet is entering a sixth wave of extinctions. New research, particularly in Australia, has widened…
NEXTracker Lands 325 Megawatt Tracker Deal At Egypt’s Benban Solar Park
One of the largest solar power parks globally will have solar trackers supplied by leading tracker supplier NEXTracker. In a press release, NEXTracker announced that it will supply trackers for 325 megawatts of solar power projects located inside the Benban…
General Electric Installing First 1,500 Volt Solar Power Plant In Egypt
The first utility-scale solar power facility in Egypt will be provided by General Electric and feature the company’s 1,500 volt inverters. Thanks to a new government-sponsored feed-in tariff policy, Egypt is rapidly becoming a focus of solar power in the…
EBRD Offers $458 Million In Loans For 750 Megawatts Of Solar Projects In Egypt
The European Bank for Reconstruction and Development (EBRD) has offered more than $450 million to various project developers planning to set up utility-scale solar power projects in Egypt. The Bank has offered loans worth $458 million to a total of…
Saudi to Launch $30-50 Billion Renewable Energy Program Soon: Minister
Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi Energy Minister Khalid al-Falih said today. Falih, speaking at an energy industry event…
IRENA Director-General Meets with Egypt President el-Sisi to Discuss Renewable Energy Deployment
Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) met yesterday with H.E. Abdel Fattah el-Sisi, President of Egypt, in Cairo. They discussed opportunities for accelerated renewable energy deployment in Egypt as well as cooperation between Egypt and…
With New Pledges and New Projects, Developing Countries Take Clean Energy Lead Globally
Developing countries have made unprecedented pledges to consume more clean energy tomorrow even as they are leading the way today with record new wind and solar project completions, the latest edition of Climatescope concludes realised yesterday. Climatescope, the clean energy…