Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors
Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised
KarmSolar speeds up Egypt’s renewable energy drive
Egypt’s clean-energy transition is gaining fresh momentum as KarmSolar expands its footprint in the national solar market through a series of new, large-scale projects. The company, led by CEO Ahmed Zahran, plans to invest $110m over the next three years
EBRD invests $40m in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh
Egypt’s solar panel production to begin by early 2026 with up to 90% local component: GAFI
Egypt will begin solar panel production in early 2026 with a local component rate of up to 90%, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Heiba said the move marks a significant
Egypt targets over 42% renewable energy by 2030 in strategy update
Egypt aims to increase the share of renewable energy in its energy mix to over 42% by 2030, with a further goal of reaching 60% by 2040, according to recent updates to the country’s energy strategy, Electricity Minister Mahmoud Essmat
UK EV charging provider Paua adds Milence’s high-power electric truck charging sites to its network
Paua, a UK-based EV charging network for fleets, has partnered with charging solution provider Milence. Paua will integrate Milence’s high-power charging sites for electric trucks into its network, allowing
IRSC, Arabian Cement sign landmark clean energy power purchase agreement
IRSC for renewable energy solutions, a leading developer of sustainable infrastructure and renewable energy, has signed a significant 30-year Power Purchase Agreement (PPA) with Arabian Cement Company (ACC), one of Egypt’s prominent cement producers. This agreement marks a major step
Renewable energy dominates Egypt’s new investment strategy
Egypt is prioritising renewable energy in its new investment plan to become a regional energy hub, officials announced after a meeting between Planning Minister Rania al-Mashat and Electricity Minister Mahmoud Essmat on Tuesday. The discussions focused on the electricity and
Egypt completes 650 MW GOS II Wind Farm, supported by EWA Group’s heavy lift logistics
The completion of Egypt’s 650 MW GOS II Wind Farm Project marks a significant step in the nation’s renewable energy strategy, with EWA Group playing a pivotal role through its expertise in heavy lift transport and project logistics. The wind
Egypt’s Electricity Minister affirms commitment to stable power supply, renewables expansion
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, addressed the Senate on Monday, outlining the ministry’s ongoing efforts to ensure a stable, high-quality electricity supply and its future plans for the sector. He affirmed the government’s commitment to providing