Plug expands EV charging network across Egypt’s premium residential compounds
Plug, a developer of electric vehicle (EV) charging solutions and a subsidiary of Elsewedy Electric, has signed a partnership agreement with PRE Group to install and operate smart EV chargers throughout the Stone Residence residential compound. The new chargers will
Elsewedy invests $500m in submarine cable factory West of Damietta
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, oversaw the signing of a Memorandum of Understanding (MoU) between the Holding Company for Maritime and Land Transport and Elsewedy Electric. The agreement aims to foster
Elsewedy Electric expands into Europe with landmark power project in Hungary
Elsewedy Electric Group has secured a major engineering, procurement, and construction (EPC) contract for Hungary’s largest combined cycle power plant (CCPP) in decades. Awarded by MVM Matra Energia Zrt., a subsidiary of the Hungarian Electric Company (MVM), this milestone project
Egypt to diversify funding sources with sustainability, social bonds: Finance Minister
Ahmed Kouchouk, Egypt’s Minister of Finance, has emphasized the government’s commitment to engaging with the private sector and international institutions to build a more sustainable economic future. Speaking at the Banking and Finance Committee meeting of Chapter Zero Egypt on
Elsewedy Electric achieves financial close on Greece’s first large-scale battery storage project
Elsewedy Electric, a leading provider of integrated energy, infrastructure, and digital solutions, has announced the financial close of a landmark 50MW/100MWh Battery Energy Storage System (BESS) project in Greece through its wholly owned subsidiary, Energy Bank I S.A. This project
Egypt’s Ras El-Hekma Megaproject: Modon Holding Secures Key Partners for
Modon Holding PSC, the master developer for the Ras El-Hekma megaproject on Egypt’s Mediterranean coast, has taken a significant step forward by securing key partnerships for the ambitious development. The project, situated on Egypt’s north coast, is envisioned as a
Egypt’s Elsewedy Electric boosts Tanzania’s power grid with 705 MW – Dailynewsegypt
Egypt’s Elsewedy Electric, in partnership with The Arab Contractors, has connected three additional hydro turbine generators to Tanzania’s national power grid, bringing the total power supply from the Julius Nyerere Hydroelectric Power Project (JNHPP) to 705 megawatts. The achievement, announced