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Egypt
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Foreign Affairs
1/27/2023 4:12:20 PM
Leading Indian companies, including ReNew Power and the Adani Group, have expressed to President Abdel-Fattah El-Sisi "huge interest" in investing in Egypt’s renewable energy sector, the production of green hydrogen and infrastructure development.
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World
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War in Ukraine
1/4/2023 4:15:32 PM
Germany used more renewable energy than ever in 2022 but again failed to reach its CO2-reduction goal as Russia's war in Ukraine prompted a return to more coal and oil use, a think tank reported Wednesday.
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Business
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Energy
12/13/2022 12:10:00 PM
Egypt’s Minister of Electricity and Renewable Energy Mohamed Shaker said on Monday negotiations are underway with three major global entities to export 3,000 megawatts of power to the European power grid through a submarine electrical line to Cyprus and Greece.
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Business
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Energy
12/7/2022 6:50:05 PM
Egypt’s Prime Minister Mostafa Madbouly witnessed on Wednesday the signing of 7 memoranda of understanding (MoUs) to produce green hydrogen and its derivatives, a statement by the Egyptian cabinet said.
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Business
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Economy
12/1/2022 12:11:03 PM
The International Finance Corporation (IFC), a financing arm of the World Bank Group, alongside UAE, Japanese, Dutch, and private sector commercial banking partners, announced on Wednesday a $1.1 billion financing package for Egypt, including debt and equity.
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COP27
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Focus
11/16/2022 10:34:02 PM
Renewable energy technologies such as solar photovoltaics and onshore wind power can help sub-Saharan Africa meet its energy requirements from sources that have lower emissions than fossil fuels.
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COP27
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To Know
11/14/2022 1:31:07 PM
On the sidelines of the COP27, held in Sharm El-Sheikh, Emerging Market Climate Action Fund (EMCAF) announced on Monday a $25 million investment into Alcazar Energy Partners II, according to the European Investment Bank (EIB).
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COP27
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Climate change
11/12/2022 5:03:28 PM
Mexico will strengthen its emissions-cutting efforts as part of a $48 billion renewable energy investment scheme with the United States, Mexican Foreign Minister Marcelo Ebrard announced Saturday at COP27.
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COP27
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Climate change
11/11/2022 7:35:00 PM
The United States, Germany and Egypt joined forces to accelerate the Middle Eastern nation's green targets, declaring a faster expansion of renewable energy in the country.
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COP27
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To Know
11/9/2022 11:10:33 PM
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla and US Assistant Secretary of State for Energy Resources Geoffrey R. Pyatt discussed new cooperation opportunities in many energy domains, especially those related to carbon use and storage, green hydrogen, energy efficiency, and renewable energy.
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Business
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Energy
11/8/2022 3:04:00 PM
The European Bank for Reconstruction and Development (EBRD) released $5.5 million as a new tranche financing to TAQA PV for Solar Energy, TAQA Arabia’s renewable energy subsidiary, under its existing facility for green private-to-private projects, the EBRD announced on the sidelines ofthe COP27 in Sharm El-Sheikh on Tuesday.
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COP27
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Sharm El-Sheikh
11/8/2022 12:07:00 AM
President Abdel-Fattah El-Sisi asserted that the Middle East Green Summit Initiative demonstrates how serious a large number of countries in the Arab region are on combating climate change, whether by reducing emissions and transitioning to renewable energy or by taking measures to adapt to the negative impacts of climate change.
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COP27
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Sharm El-Sheikh
11/7/2022 10:14:26 PM
German Chancellor Olaf Scholz on Monday urged COP27 participants not to lose sight of renewable energy targets despite the impact of the Russian invasion of Ukraine.
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COP27
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Sharm El-Sheikh
11/7/2022 3:07:28 PM
Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases, European Central Bank President Christine Lagarde said Monday, as eurozone households come under pressure from soaring bills.
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Egypt
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Sharm El-Sheikh
11/7/2022 12:43:32 PM
Minister of Electricity and Renewable Energy Mohamed Shaker said the ongoing global climate summit (COP27), which kicked off on Sunday in the Red Sea city of Sharm El-Sheikh, is a significant opportunity for luring new clean energy and green hydrogen investments.
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World
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Africa
11/4/2022 4:58:25 PM
South Africa, one of the world's largest greenhouse-gas emitters, has been granted financing of $497 million to decommission one of its largest coal-fired power plants and convert it to renewable energy, the World Bank said.
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Egypt
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Politics
10/30/2022 10:06:03 PM
Egypt’s President Abdel-Fattah El-Sisi has called for the expansion of efforts to manufacture renewable energy components, especially wind turbines and solar panels, to enhance the contribution of renewable energy sources in the country.
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COP27
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Climate change
10/27/2022 3:25:26 PM
The International Energy Agency said Thursday it believes global energy emissions will peak in 2025 as surging prices due to the Russian invasion of Ukraine propel investment in renewables.
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Business
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Energy
10/24/2022 9:07:31 PM
Minister of Electricity and Renewable Energy Mohamed Shaker said on Monday that Egypt is formulating a national strategy to produce green hydrogen at the lowest cost globally by 2050.
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COP27
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Climate change
10/19/2022 4:43:35 PM
Global carbon dioxide emissions are expected to grow just one percent this year despite concerns that the current energy crisis could lead countries to slow down their transition to renewables, the International Energy Agency said Wednesday.
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