On Sunday, Egypt’s Petroleum Minister Karim Badawi announced that the country had cut its 2040 renewables target to 40 per cent to prioritise natural gas. In June 2024, the COP27…
Egypt
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Egypt and the European Investment Bank (EIB) are discussing cooperation across a number of areas, including advancing renewable energy development. Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, recently…
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bp has entered into a Joint Development Agreement (JDA) to join a consortium comprising Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green…
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Schneider Electric has announced the signing of an MoU with Al Ahly Sabbour and Gebal for Sustainability Solutions to launch sustainable development projects in Sidi Heneish village in Marsa Matrouh…
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The Kuwait Fund for Arab Economic Development (KFAED) has announced that it has been awarded the Abdlatif Yousef Al-Hamad Development Award for the best development project in the Arab world.…
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A consortium of Infinity Power, Hassan Allam Utilities, and Masdar have signed a Land Access Agreement with the Egyptian Government for a 10GW capacity onshore wind farm in Egypt. The wind farm is set…
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DevelopingEnvironment
Interview | Egyptian adventurer Ali Abdo prepares for new electric bike expedition to COP29
In an effort to drive climate action, in the last few years, Egyptian adventurer and environmental activist Ali Abdo has dedicated himself to the self-founded “Ride To 2030” initiative. Through…
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Banque Du Caire has announced that it has launched green financing programs in Egypt aimed at bolstering the adoption of sustainable technologies. Its new programs apply to the purchase of…
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EnergyLatest News
EBRD, Meridiam and Hassan Allam Utilities collaborate to drive green investment in Egypt
The European Bank for Reconstruction and Development (EBRD) has partnered with Meridiam and Hassan Allam Utilities (HAU) to raise capital for HAU Energy BV, a new platform created to invest…
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Egyptian startups were in the spotlight at the recent Underdog Tech Award 2024. The awards celebrate tech entrepreneurs overcoming hurdles such as limited resources, lack of access to funding, and…