Egypt

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Egypt reveals 8,150MW electric power surplus
Egypt has not witnessed power outages recently, except in a few areas for short periods that did not exceed five minutes, due to maintenance programmes at stations and production units
IFC and banks close $653mn in funding for Egypt solar plants
Generating up to 752 megawatts of solar power, the Nubian Suns Feed-in-Tariff Financing Program is targeted to provide power to more than 350,000 residents and create up to 6,000 jobs during construction
GE supports Egypt’s first utility scale solar plant
As part of the FiT program, GE Power’s Power Conversion (NYSE: GE) will provide a full turnkey contract to FAS Energy to build the 50-MW solar power plant for Egyptian Electricity Transmission Company (EETC)
Saudi’s ACWA Power wins three Solar PV projects in Egypt
ACWA Power will to develop, finance, build, own and operate three Solar PV plants in Egypt with an aggregate capacity of 165.5 MWp and total investment value of $190mn
Orascom bags $100mn contract to build 650MW power plant in Egypt
Orascom is currently building power plants with a total capacity of 11,000MW, including the two largest gas-fired combined-cycle power plants (CCPPs) in the world.
Siemens delivers substations for mega projects
Substations to integrate the new, highly efficient power plants in Egypt into the grid
Dresser-Rand to supply turbine-gensets in Egypt
Three SGT-400 gas turbine-generator sets are destined for largest natural gas field in the Mediterranean sea
Egypt solar station to start selling electricity
Egypt is set to open its first solar powered power station on September 25, according to Africa Business Communities website. The 1 megawatt of energy generated will be sold to the private sector
Frustrations surround future of Solar in Egypt
Developers who prequalified for solar and wind projects under attractive feed-in-tariff (FiT) schemes say they face delays and currency risks while wrangling with the government over contract terms has complicated efforts to secure financing
Cairo, Moscow agree on nuclear power plant terms
Egypt and Russia have agreed on all the clauses of the commercial contract on construction of the first nuclear power plant in the country

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