Latest in Energy Highlight
Latest in Energy
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
Egypt’s sovereign wealth fund to name the winning financial advisor within days
Gas transmission with reverse line from Ashkelon to El-Arish is completed, according to informed sources
The great Italian writer Lampedusa has his central character Prince Tancredi articulate the most profound statement about conservative politics ever made: “If we want things to stay as they are,” he tells his uncle, “things will have to change.”
The violating companies includes Egyptian Gulf Company for Tourism Projects, Misr Italia, and UGCO
In a Monday press statement, EDF Renewables will make a capital investment to become a strategic shareholder in the solar company, with which it has also agreed on a strategic partnership in the development of solar energy in Egypt.
Quantities include the foreign partner’s share at an average price of $55 a barrel, say government sources
Egypt to host Watrex Expo in March 2020
Italian companies welcomed Egyptian partnerships and investment opportunities
A committee was formed to study the offer and prepare a report to the cabinet
Egyptian companies have experience in establishment, operation, and maintenance of stations: Asran
Company to complete new solar project in Sinai before year-end
Project costs amounted to $200m, international institutions involved in funding
Company finalised evaluating of North Karish discovery
Orascom, Lightsource BP, Infinity Solar, El Sewedy Electric are among top bidders, says source
The source revealed that negotiations with KarmSolar have reached very advanced stages and are expected to be officially declared within days, however, the source did not disclose any further details.
Agreement allows gas transfer from Tel Aviv in 1Q 2020, says source
Organised by Italian Exhibition Group (IEG), at Rimini Expo Centre, from 5 to 8 November, Ecomondo is the reference point for international markets.
The company aims to reduce the consumption of fossil fuels and the cost of power generation and carbon dioxide emissions in the countries in which it operates, improve the efficiency of electrical energy, and create a balanced socio-economic value. The company’s investments amount to $800m.
The complex is one of the famous architectural monuments located in the heart of Al-Muizz Street. It consists of a mosque, a school, a dome, a mausoleum, and a bimaristan (hospital) which was built by Sultan Al-Mansur Qalawun in 1285.
The source said the project’s capacity can be increased in case of securing larger funding.
Arab, foreign companies find appetite to invest in the sector after cabinet’s approval of feed-in tariff
Al-Sisi follows up on the project, while four government agencies participate in building the plant
Production of second phase amounts to 680m scf/day
Fuel and gas domestic consumption recorded 386 m tonnes since 2014
Alternative feeding will be completed via Owainat-Balat line in December
Mashaly added that the total cost of the contract amounts to EGP 325m, financed from the credits of the projects of high voltage and ultra-high voltage transformer stations in target electricity scopes in the budget of the fiscal year (2019-2020).
Decline in global demand for oil threatens to OPEC’s plans to cut production, says Youssef
Earlier, Daily News Egypt reported that several government agencies will share in the purchasing tariff of electricity from waste-to-energy plants for two years, bearing 37 piasters to be added to the original tariff of EGP 1.03 to reach EGP 1.40 per kw/h.
Infinity Solar aims to launch 200 MW power plants, sell power to factories