Tag: Egypt energy

Egypt’s energy sector attracts more than $1 billion from Alcazar Energy

Alcazar Energy Egypt investment exceeds $1 billion, backing major wind projects and electricity privatization deals.

Timilehin Adejumobi Timilehin Adejumobi

Norway’s Scatec secures $150 million loan for Egypt wind, solar projects

Scatec Egypt wind projects get a $150 million loan for Shadwan wind and Energy Valley solar and battery storage projects.

Timilehin Adejumobi Timilehin Adejumobi

AfDB backs Egypt’s Dandara solar project with $66 million financing

Dandara solar project receives $66 million AfDB funding to boost Egypt’s renewable energy, storage capacity and green industry growth.

Timilehin Adejumobi Timilehin Adejumobi

EBRD lends $65 million to HAU Energy for solar and storage project in Egypt

The European Bank for Reconstruction and Development is expanding its support for Egypt’s clean energy push with a $65 million loan to finance a new solar and battery storage project.  The funding targets a key gap in Egypt’s power system as demand rises and the country leans more on renewable energy. Officials say combining solar generation with storage will help…

Oluwatosin Alao Oluwatosin Alao